— Should California’s richest residents pay higher taxes to help put more electric vehicles on the road? That’s a question the state’s voters are weighing in the election that concludes Tuesday.
Newsom has called it a taxpayer-funded giveaway to rideshare companies, which under California regulations must ensure nearly all trips booked through their services are zero-emission by 2030. Lyft supplied most of the “yes” campaign’s funding; competitor Uber has not taken a position.
This year, about 18% of new car sales have been for fully electric or hybrid cars, according to Newsom’s office. That will have to double by 2026 to meet new state mandates for car sales. Newsom has dedicated $10 billion over six years for various electric transportation programs, and the Biden administration has set aside $5 billion over five years to build a network of highway charging stations in every state.
With diesel powered charging stations
Vote no on everything that could increase tax.
Actually shocked newsom is against it ... oh wait no I'm not . He wants votes . But leave it to ca legislature to keep taxing and spending it on other projects
Nahhh Lyft is trying to get tax dollars instead of getting money from their investors
This does nothing to help the middle class and lower income earners…. Nothing!
More tax = more inflation...