Help us defend California’s EV economic victories driving manufacturing, investment, jobs, and savings.
California’s EV economic reality:
California achieved the second fastest-growing economy in the world driven by the cleantech industry, of which EVs were the largest export.
California is cutting tailpipe pollution as it steadily increases the state’s gross domestic product.
EV sales are keeping pace with the ACCII. There is a major industry surplus of credits and over-compliance.
Flexibilities in the ACCII allow EV sales to be lower than the 35% requirement and automakers can still comply while increasing sales over time to deliver the EVs consumers want across all vehicle classes.
Clean car standards drive investment.
California boasts the fifth largest economy in the world thanks in no small part to its clean car policy leadership. Today, EVs are one of California’s biggest exports with $15 billion in 2023.* Automakers invest in EV manufacturing in regions with strong EV policies. There are now 62 EV manufacturing facilities in the state and nearly $8 billion in EV investments have already been announced.
EV investment creates good, clean economy jobs.
More than a quarter of a million people in California are employed by its EV industry. These jobs pay nearly $100,000 a year, well above the almost $70,000 average. Building new chargers supports jobs in installation, maintenance and repair, planning and design, assembly, general construction, and more, and is expected to create about 160,000 more jobs across the U.S. in the next eight years.
EVs save people money.
EVs are almost 3 to 5 times more efficient, making every EV model in every state cheaper to own than a gas car. Without head gaskets, oil to change, or smog checks, EVs cost half as much to maintain. Households that save money by passing up the gas station spend more on goods and stimulate the local economy.
*The value of California EV exports is based on calculations of production and sales data from the state’s leading EV maker.