California Asks For EPA Approval To Ban Gasoline-Only Vehicles By 2035: Report - Ford Motor (NYSE:F), General Motors (NYSE:GM)

The U.S. state of California has asked the government to approve its plan that will see new vehicles sold in the state by 2035 to be either electric or hybrid.
If the approval is made, it could accelerate the end to gasoline-powered vehicles, reported Reuters.
The California Air Resources Board (CARB) had approved the plan in August 2022 and asked the Environmental Protection Agency (EPA) on Monday to sanction a waiver under the Clean Air Act.
"These vehicles will permanently displace emissions from conventional vehicles," the report quoted CARB Executive Officer Steven Cliff.
According to an EPA proposal to reduce vehicle emissions through 2032, automakers are expected to make 60% EVs by 2030 and 67% by 2032.
Only 5.8% of U.S. vehicles sold in 2022 were electric vehicles.
The report noted California's zero-emission rules will cut by 25% smog-causing pollution from light-duty vehicles by 2037.
A growing number of U.S. states, including Washington, Rhode Island, Virginia, Vermont, Oregon, New York, and Massachusetts, adopted tighter electric vehicle rules than the one proposed by the Biden administration.
Photo Via Company