Market for clean air credits grows as Cali's ZEV mandates hit automakers
Automakers who fail to sell enough ZEV models or obtain enough credits face a number of penalties, including fines and limits on the number of units they can sell. A total of 11 other states adhere to California's ZEV mandate, and Automotive News reports automakers are expected to sell around 60,000 zero emissions vehicles by 2014. Regulators want that number to be 1.4 million by 2025.
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