New York law phase out most gasoline vehicles by 2035



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New York Governor Kathy Hochul speaks at an event to announce her choice of New York State Democratic Senator Brian Benjamin as Lieutenant Governor in the Harlem section of Manhattan in New York City, August 26, 2021.

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New York Governor Kathy Hochul on Wednesday signed a law effectively banning the sale of new internal combustion engine cars, all-terrain vehicles, light trucks and equipment by 2035.

The legislation, introduced by New York State Senator Pete Harckham, also requires new heavy and medium trucks for sale in New York to be in the “zero emission” category by 2045.

According to the New York Department of Environmental Conservation website, the state defines zero-emission vehicles as: battery-electric vehicles, plug-in hybrid electric vehicles, or hydrogen fuel cell electric vehicles.

The new law could be a boost for automakers selling or planning electric vehicles, including Tesla, start-ups like Lucid Motors and Rivian, and incumbents like Volkswagen and GM who have focused on electricity. battery operated to meet consumer demand. and comply with more stringent environmental regulations.

In a blog post announcing the new law on Wednesday, the governor’s office said the measures support New York’s goal of reducing greenhouse gas emissions by 85% by 2050.

According to data from the National Automobile Dealership Association, New York State accounted for about 6% of light vehicle sales in the United States last year and $ 60 billion in dealer revenue.

New York is following California’s earlier efforts to move drivers to zero-emission vehicles. As CNBC previously reported, Governor Gavin Newsom signed an executive order in September 2020 that would phase out all sales of new internal combustion engine vehicles in the state by 2035.

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