Impact of Softened Fuel Economy Standards on Transition to Electric Vehicles
Wednesday, 20 March 2024, 08:53
The Biden administration's decision
to scale back fuel economy ratings is a significant development affecting the shift towards electric vehicles. Automakers are set to benefit from these softened standards, potentially slowing down the adoption of EVs over gas-powered vehicles.
This move could have implications
on the momentum of the EV market and the efforts to reduce emissions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.