California's EV and PHEV Market Is Growing, with Help from the State

EV sales in California were up 29 percent in 2023, and the state is responsible for nearly half of all EVs sold in the U.S. last year. The state is looking to expand ownership to more income levels, in part by a new program subsidizing the purchase of used EVs to people who trade in gas vehicles.California is also working to get charging stations into more places, including lower-income areas.In California, as in the rest of the industry, the growth in EV sales seems to be slowing.

isn't the best option for fast charging, in the same way that VHS wasn't better than Betamax, but at some point the industry had to pick a single format, and it has done so.With that in mind, California is releasing some $38 million in funds to support charger installations in lower-income neighborhoods throughout the state. More available and reliable charging options are even more important to low and moderate income EV ownership than they are for early adopters.

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