SAN FRANCISCO, CA – Today, Mayor Gavin Newsom, San Jose Mayor Chuck Reed and Oakland Mayor Ron Dellums announced a nine-step policy plan for transforming the Bay Area into the “Electric Vehicle (EV) Capital of the U.S. ” In conjunction with the news, Better Place , a global electric transportation company, announced that it would enter the U.S. market with California as its first state, beginning in the Bay Area.

Commercial availability of electric cars is targeted to begin in 2012, and Better Place estimates its network investment in the Bay Area will total $1 billion when the system is fully deployed. The three Mayors said they welcomed Better Place ’s announcement and anticipate many other EV companies will focus on the Bay Area as a top-priority market.

“In these times, it is critical that we identify solutions to address both our economic and environmental challenges,” said Speaker of the House Nancy Pelosi. “Promoting the use of electric vehicles will help forward our nation’s goals to achieve energy independence, to protect the environment by reducing greenhouse gas emissions and to boost the economy by providing jobs in an emerging manufacturing sector.”

Joined by Governor Arnold Schwarzenegger’s special advisor David Crane, the Mayors announced that they would take unprecedented action beginning in December to work with the region’s cities, counties, regional governmental organizations and private sector partners to position the region’s economic and environmental future around electric transportation.

“ California is already a world leader in fighting global warming and promoting renewable energy,” said Governor Schwarzenegger. “This type of public-private partnership is exactly what I envisioned when we created the first ever low carbon fuel standard and when the state enacted the zero emissions vehicle program. This partnership is proof that by working together, we can achieve our goals of creating a healthier planet while boosting our economy at the same time.”

The Mayors announced policies that they will advance, beginning in December:

The Mayors said they will work with other cities throughout the region, regional government organizations such as the Bay Area Air Quality Management District, Metropolitan Transportation Authority, and Association of Bay Area Governments, as well as many private sector partners, including the members of the Bay Area Council and Silicon Valley Leadership Group.