The Sacramento region’s goal of becoming a ”global leader for entrepreneurs, firms, and workforce in future mobility” got an electric boost on March 11 with the opening of the California Mobility Center (CMC). The center’s goal is to accelerate the commercialization of innovative mobility technology.
Developing a cluster of innovative mobility businesses is one of the six key planks of the region’s Prosperity Strategy. That may sound like a lofty goal given that many regions are chasing such companies. But California and the Sacramento region have some big competitive advantages, as the CMC’s Chief Operating Officer Mark Rawson explained. California is the largest market for electric vehicles in the Western Hemisphere; the “Big Seven” automakers and more than 40 percent of mobility start-ups have a presence in California; and the state has favorable policies and regulations.