Skip to content

THE NET NEWS- GLOBAL

MORNING TOP NEWS AND BLOG

Primary Menu

THE NET NEWS- GLOBAL

  • HOME
  • NEWS
  • BUSINESS News
  • Sports
  • YOGA BLOG
  • HEALTH & FITNESS
    • TRAVEL BLOGTRAVEL BLOG/TRAVEL BLOGS/TRAVEL BLOGGER
  • ONLINE SHOPPING
    • Electronic Products
    • Fashion Products
  • About
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • DMCA/Copyrights Disclaimer
  • Contact Us
  • BUSINESS News

Biden Toughens Fuel-Efficiency Standards, Challenges Auto Makers to Sell More EVs

HS 06/08/2021
Advertisements



WASHINGTON—President Biden made dual moves to reduce greenhouse gas emissions, imposing tougher fuel-efficiency standards on auto makers and challenging them to drastically ramp up sales of electric vehicles by 2030.

Mr. Biden on Thursday signed an executive order setting a target for electric vehicles, hydrogen-fuel cell and plug-in hybrid vehicles to make up 50% of U.S. sales by 2030—a voluntary goal that auto makers said would entail federal support for vehicle charging stations and consumer tax incentives.

Separately, the Environmental Protection Agency proposed new rules that would require auto makers to achieve a fleetwide average fuel-efficiency equivalent of 52 miles per gallon by the 2026 model year, using an industry measure that takes into account both fuel efficiency and emissions reductions.

The current requirement for that model year is 43.3 miles per gallon under rules set in 2020 by the Trump administration.

Auto makers would be allowed some increased flexibility to use credits they banked in past years by surpassing their goals to comply with the rules, the agency said. Auto executives said the targets were largely in line with their expectations.



Source link

Tags: 7267.TO, Alternative Fuel Vehicles, Automotive, BMW, BMW.XE, C&E Industry News Filter, Content Types, Corporate Environmental Responsibility, Earnings, Elon Musk, Emissions, environmental, Environmental/Social/Governance, F, Factiva Filters, Financial Performance, Ford Motor, Fuel Efficiency, General Motors, general news, GM, governance, Honda Motor, Motor Vehicles, Natural Environment, Passenger Cars, political, Political/General News, Sales Figures, social, Stellantis, STLA, STLA.MI, SYND, Volkswagen, VOLV-B.SK, Volvo, VOW.XE, VOW3.XE, WSJ-PRO-WSJ.com

Continue Reading

Previous U.S. Jobless Claims Remain at Elevated Level After Steady Declines
Next WSJ News Exclusive | Business Groups Call on Biden to Restart Trade Talks With China

More Stories

  • BUSINESS News

Lululemon cuts annual outlook and issues rough Q2 guidance, citing undisclosed 'headwinds'

HS 04/06/2026
  • BUSINESS News

Trump's 'big beautiful bill' has a 'double taxation' trap for top earners, tax experts say

HS 04/06/2026
  • BUSINESS News

Soaring stocks created 2 million new millionaires around the world last year

HS 04/06/2026

You may have missed

  • BUSINESS News

Lululemon cuts annual outlook and issues rough Q2 guidance, citing undisclosed 'headwinds'

HS 04/06/2026
  • HOME

Bitcoin is weathering its ugliest week in months as narrative fades and liquidity rotates

HS 04/06/2026
  • Sports

Ollie Robinson runs riot as England seize control in Lord’s Test vs New Zealand

HS 04/06/2026
  • GLOBAL NEWS

Horoscope Today: Daily astrological predictions for June 5, 2026

HS 04/06/2026
  • HEALTH & FITNESS

The market has yet to give this drugmaker credit for its move beyond generics

HS 04/06/2026
  • Home
  • NEWS
  • BUSINESS News
  • Sports
  • YOGA BLOG
  • HEALTH & FITNESS
  • ONLINE SHOPPING
  • TRAVEL BLOG
Copyright © All rights reserved. | CoverNews by AF themes.