Trump reverses Biden-era fuel economy standards to make cars more affordable
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President Trump has announced a move to roll back the stricter fuel economy standards for new cars introduced under the Biden administration. The change is aimed at reducing vehicle prices and countering what Trump referred to as an EV mandate under the previous rules.
Details of the Proposed Changes
The proposed rule mandates that automakers achieve an average fuel economy of 34.5 miles per gallon (mpg) by 2031. This represents a significant decrease from the 50.4 mpg target established by former President Biden. The rollback also follows Trumps previous decision to cease penalties for automakers not meeting the earlier fuel efficiency standards.
Potential Benefits for Consumers
Government officials have stated that the new rule could lead to savings of up to $1,000 per vehicle for consumers. However, these savings may take some time to materialize, as the proposal still requires a formal rulemaking process and other factors that can influence the final cost of vehicles.
Industry Reactions
Ford CEO Jim Farley has expressed support for the rollback, calling it a win for customers and common sense. On the other hand, environmental advocates have criticized the decision. Dan Becker, director of the Center for Biological Diversity, argued that the rollback would encourage greater oil consumption in the U.S. and undermine American automakers competitiveness with foreign companies.
Whats Next?
The proposal is in its early stages and must undergo a formal review before becoming law. If approved, it could have lasting implications for vehicle prices and fuel efficiency standards moving forward.
Author: Ava Mitchell
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