California to ban gas cars in 2035

California is expected to put into effect on Thursday its sweeping plan to prohibit the sale of new gasoline-powered cars by 2035, per NYT.

The rule, issued by the California Air Resources Board, will require that 100 percent of all new cars sold in the state by 2035 be free of the fossil fuel emissions chiefly responsible for warming the planet, up from 12 percent today. It sets interim targets requiring that 35 percent of new passenger vehicles sold in the state by 2026 produce zero emissions. That would climb to 68 percent by 2030.

See EV sector flow: https://unusualwhales.com/flow/sectors_v2