Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050
Green Car Congress
JANUARY 28, 2020
million, according to the Federal Reserve Bank of St. Louis (FRED)). This overall economic expansion generates billions in additional revenue per year from existing tax instruments. California’s 2018 GSP was almost $3 trillion ($2,997,732.8 Thus, the EV influx would provide approximately a 2.7% boost over the 2018 GSP.
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