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New legislation signed in California to support electric cars

  • 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.

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Bayerische Motoren Werke Aktiengesellschaft