Reported 6 months ago
Under Biden's new federal rules, new vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031, up from about 29 mpg this year. The aim is to increase fuel economy by 2% per year for model years 2027 to 2031 for passenger cars and 2% per year for model years 2029 to 2031 for SUVs and light trucks. President Biden hopes that by 2030, half of all new vehicles sold in the U.S. will be electric to combat climate change and reduce greenhouse gas emissions. These standards are expected to save billions of gallons of gasoline, cut carbon emissions, and save vehicle owners over $600 in gasoline costs during the lifetime of their vehicles.
Source: YAHOO