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US set to finalize sharply lower vehicle fuel economy standards

Original: US to finalize sharply lower vehicle fuel economy standards

The United States is preparing to finalize vehicle fuel economy standards set sharply lower than previously planned, according to Reuters. The rollback would ease efficiency requirements for automakers, weakening targets that had pushed manufacturers toward more fuel-efficient cars and electric vehicles. The move is likely to draw criticism from environmental groups while being welcomed by parts of the auto industry seeking lower compliance costs.

Why now: A regulatory rollback on vehicle emissions and efficiency has major implications for automakers, consumers and climate policy, drawing wide attention.

United StatesautomakersReuters

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