Lyft-backed plan to fund electric cars flops in California

California voters shot down a plan to make electric vehicles more affordable for some residents, dealing a blow to Lyft and the EV industry alike. Proposition 30 would have taxed residents making more than $2 million a year to subsidize electric cars and public charging stations as well as funded wildfire prevention programs. Even with … Continue reading Lyft-backed plan to fund electric cars flops in California