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USA: Report: California leads electric vehicle development, growth

As California is poised to adopt a new round of vehicle standards designed to cut emissions and expand the market for electric vehicles, a new report finds that the state is emerging as a leader in this economic sector.

The report from the nonprofit, nonpartisan research organization Next 10 is titled “Powering Innovation: California is Leading the Shift to Electric Vehicles from R&D to Early Adoption.”

The report reveals California took in $467 million in global electric-vehicle venture capital investment in the first half of the year.

California, along with Michigan, ranked first in total electric vehicle technology patents in the nation. Each state generated 300 patents between 2008 and 2010, according to the report.
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