In a major step in its attempts to tackle climate change, California has set a roadmap that by 2035, 100 percent of new cars and light trucks sold in the state will be zero-emission vehicles.
The California Air Resources Board approved the Advanced Clean Cars II rule that sets California on a path to rapidly growing the zero-emission car, pickup truck and SUV market and delivering cleaner air and massive reductions in climate-warming pollution.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.