EPA Mandates 50% Electric or Hybrid Cars by 2032 in Climate Push

April 5, 2024
EPA Mandates 50% Electric or Hybrid Cars by 2032 in Climate Push
  • The EPA mandates over 50% of new cars and trucks sold in the U.S. be electric or hybrids by 2032.

  • New EPA regulations target a reduction in emissions from heavy-duty vehicles starting in 2027.

  • The U.S. aims to halve greenhouse emissions by 2030 and reach net-zero by 2050, aligning with President Biden's climate goals.

  • The total cost of implementing these climate change measures is estimated at over $845 billion.

  • Anticipated benefits include saving Americans an average of $6,000 on fuel and maintenance, and reducing CO2 emissions by seven billion tons over 30 years.

  • The auto industry will undergo a significant transformation with a shift towards electric vehicles, supported by tax credits and lower costs.

  • The heavy-duty vehicle emissions rule has received a mixed reception from the industry, with concerns about its practicality and impact.

  • There is political opposition to the mandates, with Nebraska's congressional delegation seeking to introduce legislation to overturn the rule due to economic and job concerns.

Summary based on 5 sources


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