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Mon Jul 29, 2019, 08:36 PM

Automakers, Colorado reach deal on zero-emission vehicle mandate

Source: Reuters

TECHNOLOGY NEWS JULY 29, 2019 / 7:11 PM / UPDATED 2 HOURS AGO

Automakers, Colorado reach deal on zero-emission vehicle mandate

David Shepardson
4 MIN READ

WASHINGTON (Reuters) - Colorado and major automakers said on Monday they have reached a deal on the state’s plan to adopt California’s zero-emission vehicle (ZEV) requirements after earlier talks had ended without a deal.

The state, which plans to join the California program starting in the 2023 model year, has agreed to allow automakers to earn credits for selling electric vehicles in the two model years prior and use other transitional credits available in other states.

Two major auto trade groups representing 99% of U.S. car and truck sales including General Motors Co (GM.N), Volkswagen AG (VOWG_p.DE), Toyota Motor Corp (7203.T) and Hyundai Motor Co (005380.KS), said the state agreed to address concerns “by providing the support Coloradans need to buy electric vehicles while allowing auto manufacturers to transition into Colorado’s ZEV program.”

California has led the way in challenging the Trump administration’s plans to roll back Obama-era environmental regulations. Last week, California struck a deal with four major automakers to tighten emissions rules, bypassing the Trump administration’s effort to strip the state of the right to fight climate change by setting its own standards.

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Read more: https://www.reuters.com/article/us-autos-emissions-electric/automakers-colorado-reach-deal-on-zero-emission-vehicle-mandate-idUSKCN1UO2DF

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