IDRV - EPA Slows The Accelerator On Auto Emissions Caps

2024-04-09 02:35:00 ET

Summary

• The U.S. agency’s final rules for vehicle emissions give manufacturers more time to transition to electric fleets, but set ambitious standards for the future.
• In updating proposed rules released in April 2023, the agency essentially left in place stringent 2032 targets, but softened near-term goals for model years 2027 through 2032.
• By implication, the new, more gentle near-term path toward electric vehicle (EV) adoption will require that by 2030, EVs will need to be around 45% of total vehicles sold by OEMs.

By Hope Crystal

The U.S. agency’s final rules for vehicle emissions give manufacturers more time to transition to electric fleets, but set ambitious standards for the future. ...

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