This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEB7Q0U9_M.jpg
The money will go to utility Southern California Edison (A:SCE_pe) to fund the installation of nearly 40,000 chargers, the California Public Utilities Commission said in a statement.
The program will help the state achieve its goal of putting 5 million zero-emissions vehicles on the road by 2030, the CPUC said.
Half of the investment must take place in low-income communities, and 30% will be dedicated to multi-family residences, where it is more difficult to charge an EV.
Southern California Edison is a unit of Edison International (NYSE:EIX).
