Legislation in California Passes to Allow
ZEV/ILEV Vehicles with 1 Person in
Carpool Lanes
BusinessWire Friday November 5 12:49am
CHULA VISTA, Calif.--(BUSINESS WIRE)--Nov. 4, 1999--Electric vehicles and
other extremely clean cars that meet the federal ILEV (inherently low
emission vehicle) standard will have access to carpool lanes with only one
occupant throughout California beginning July 1, 2000.
BAT International (NASDAQ: BAAT) wants to thank those shareholders that
wrote letters in support of the legislation to the author of the
legislation, Assembly Member Jim Cunneen.
Governor Grey Davis signed the bill into law on Sept. 7, 1999. The law sends
an important message about the legislative and executive branch support for
zero and very low emissions vehicles by providing non-monetary incentives.
Time is a very valuable commodity to some consumers who are unable or
unwilling to carpool but may buy a zero emission or ILEV vehicle. This
legislation will make electric and other super-clean vehicles more visible
to the public and help build consumer demand. California, New York and Massachusetts all have zero emissions vehicle (ZEV) mandates that require
10% of new cars sold to be zero emissions or equivalent zero emissions. The
ability to zip by others in a carpool lane during heavy traffic will make
these vehicles very attractive to some buyers and insure the success of zero
emission vehicle mandates.
Management at BAT was involved in drafting the original legislation that was
circulated to the Legislature back in 1994 and 1995. Two previous attempts
to introduce the legislation have failed. BAT International finds it very
gratifying to see the legislation get passed into law and provide a modelfor other market incentive type legislation in other states.
Several other bills have also been signed into law this legislative session
including:
-- AB 1571 provides direction for administration of certain ARB funds
including funding eligibility for electric charging infrastructure
-- SB 98 extends to 2010 funding authorization for South Coast AQMD clean
fuels/advanced technology programs, including a $1/vehicle registration fee
with funds earmarked for programs to reduce emissions
-- SB 826 provides additional flexibility for use of Bay Area AQMD funds,
including demonstration of ZEVs
-- AB 18 places on the ballot a bond act to provide $2 billion for safe
parks, clean air and clean water, including funds for purchase of low
emission or advanced technology vehicles
-- SB 441 and SB 186 provide direction on use of low speed electric vehicles
and electric scooters
BAT International and its subsidiary or affiliated companies are involved in
the development of numerous technologies that will benefit from the
increased demand generated from these legislative initiatives. This includes
electric vehicle batteries, electric bicycles and scooters, fuel cells and
biodiesel fuel. BAT will be evaluating what steps can be taken in other
states to introduce similar legislation that will help support expanded use
of zero emission and low emission vehicles.
BAT International is organized as a holding company with major ownership
position in a set of subsidiary companies now commercializing advanced
automotive and energy technology products developed by BAT. Technologies
developed over the last eight years include electric vehicles, composite
chassis, super-efficient or high power engines, electric bicycles and
scooters, advanced batteries, lubricant additives, and electric power
generation
(for information, see BAT Web site at
www.baat.com).
This press release contains forward-looking statements that should not be
used to make an investment decision. Please refer to our Web site and other
sources for more detailed company information (Investor Relations,
619/409-8977).
-- AB 1571 provides direction for administration of certain ARB funds
including funding eligibility for electric charging infrastructure
Contact:
BAT International
Joe LaStella
619/409-8977
If you wish to contact BAT International via e-mail,
then send all inquiries to:
Bill Wason
billwason@earthlink.net
B.A.T. International
477 Marina Parkway
Chula Vista, California 91910
Phone: (619) 409-8977
Fax: (619) 409-9598