California is on its way to banning the sale of new gas-powered cars in the state. The Advanced Clean Cars II regulations, approved Aug. 25 by the California Air Resources Board, would require all new cars, trucks and SUVs sold in California to be zero emissions by 2035.
"Although California’s net zero emissions ruling might have been characterized as a rather aggressive goal when it was first introduced in 2020, automakers have long prepared for an electric future, and notable progress across the industry has been made since then,” Caldwell said in a news release.
Don’t live in California? This could still be your futureCalifornia is known as a trendsetter when it comes to environmental protection. So, while these regulations are an outlier right now, they’re likely to be adopted in other states and supported at the federal level. We’re also more than a decade away from the goal of seeing only electric models on every car lot. So, if you’re looking to buy a new car in the next few years, there’s still a lot to consider about whether it should be an EV.What car can you afford?Cost remains the biggest factor for most people when buying a car, says Karl Brauer, executive analyst at ISeeCars.com. Whether you’re considering a new or used car, an electric or gas-powered model, make sure you know how much you can spend.
“If there’s a thing to take away now, you should probably buy your traditional vehicle before 2026 because they’re going to only go up in price,” Brauer says. “We’re still in the early stages of adoption for electric vehicles,” Caldwell says. “EVs are going to become more mainstream. There’s going to be more infrastructure. I think that’s what regular people are going to notice.”The best ways to be money smart this week Financial saving tips for locals who want extra spending money this summer.
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