Trump proposes rollback of Biden-era fuel efficiency standards to favor gas vehicles

1 min read
Source: Reuters
Trump proposes rollback of Biden-era fuel efficiency standards to favor gas vehicles
Photo: Reuters
TL;DR Summary

President Trump proposed rolling back fuel economy standards for 2022-2031 vehicles to make gas-powered cars more affordable and easier to sell, reversing Biden's stricter rules that aimed to promote electric vehicle adoption. The new proposal would lower costs for automakers but increase fuel consumption, emissions, and consumer fuel costs, while eliminating credit trading and potentially benefiting traditional automakers over EV manufacturers. Critics argue this move will lead to higher environmental and economic costs.

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