- Governor Jerry Brown of California has been busy signing bills to help support the electric vehicle industry in the state.
- Brown signed bills to help low-income drivers afford EVs and extend charging networks into new neighborhoods.
- A long-term goal is in place by the state to have 1.5M zero-emission vehicles on the roads by 2025.
- Models which could see a boost from California's latest round of EV-friendly legislation includes the BMW i3, Chevrolet Volt, Tesla Model S, Toyota Prius plug-in, Honda Accord plug-in, Nissan Leaf, Ford Fusion Energi, Ford C-Max Energi, BMW i3, and the Cadillac ELR.
- Related stocks: BAMXY, OTCPK:NSANY, TM, HMC, F, GM, TSLA.
New legislation signed in California to support electric cars
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