Reported 1 day ago
U.S. regulators announced that automakers will not face fines for not meeting fuel efficiency standards that date back to the 2022 model year, following a law signed by President Trump. This legislation eliminates penalties under the 1975 energy law and aims to facilitate the production of gasoline-powered vehicles while making electric vehicle sales more expensive. Critics argue this decision benefits major automakers at the expense of taxpayers, while the industry welcomes the regulatory relief.
Source: YAHOO