California has set its sights on having millions more electric cars on the road over the next decade, but the planned bankruptcy of Pacific Gas and Electric Co., the state’s largest investor-owned utility, could complicate efforts to achieve that goal.
Former Gov. Jerry Brown laid out a target of 5 million electric cars in the state by 2030 and 250,000 charging stations by 2025. Utilities such as PG&E had intended to play a key role in building out the charging infrastructure — a rare new market opportunity in a business whose growth is otherwise constrained by regulation.
The initiatives are central to California’s broader climate ambitions, since cars are one of the leading sources of planet-warming pollutants. And the state’s emissions from the transportation sector have continued to increase, even as other sources wane.