Zero Emissions Efforts Continue for the Golden State
The California Air Resources Board has officially adopted the Innovative Clean Transit regulation that requires the implementation of a zero-emissions transit system to be in effect in 2040. Build Your Dreams, the world’s largest manufacturer of electric vehicles and batteries, announced the regulation welcoming the green initiative.
BYD President Stella Li comments:
“We stand ready to deliver and make the transition to zero emission buses a reality. Thank you to the California Air Resources Board and Governor Brown for their leadership. Our Lancaster facility has the capacity to produce 1500 buses and we have partnered with Generate Capital to make a leasing program available to accelerate this transition. We also provide solar and storage products that can help customers charge their new buses. We are excited to work with leaders across the state to transition their fleets.”
BYD is one of many companies jumping in to spur lowered emissions incentives for cleaner air and environments. The company already offers services from battery-electric, zero-emissions buses that go beyond regulation standards from FTA “Buy America,” of which include 70% + U.S. content. Over 10 California-based transit agencies have committed to 100% zero-emissions buses by the given 2040 deadline, projecting the changes to take effect as early as 2030.
What is it going to take for transit agencies to assure compliance with the regulation? The release highlights the need for continued or additional funding from the state to offset the incremental costs required to implement the multiple zero-emissions regulation programs, stating that the funding is “absolutely vital to ensuring transit agencies can comply.”
The Official Sponsor of Mother Nature™, BYD is the world’s largest manufacturer of electric vehicles and batteries, and the global leader in battery-electric buses with more than 35,000 buses in service across 200 cities, 50 countries and six continents. The firm has produced more than 280 buses in North America; and sold and/or leased in excess of 600 buses in total to more than 50 municipal, transit agency, university, airport, federal and other commercial and private sector clients in 13 states, and across 4 provinces in Canada. BYD is also an industry leader in several other high-tech sectors, including high-efficiency automobiles, medium- and heavy-duty trucks, electric forklifts, SkyRail (monorail), energy storage and solar power generation. BYD’s stock is publicly traded and Berkshire Hathaway based in Nebraska is the largest public shareholder. For more information, please visit www.BYD.com
The negative impact of tariffs on US companies in China