U.S. EPA to propose new vehicle emission cuts, expects big EV push
Get Alerts TSLA Hot Sheet
Join SI Premium – FREE
According to a Reuters report Thursday, the U.S. Environmental Protection Agency is set as early as next week to propose new rules to spur sweeping cuts in vehicle emissions. The new rules are expected to cover the 2027 through 2032 model years and will push automakers to dramatically expand electric vehicle sales.
Environmental groups and some automakers think the proposal will result in at least 50% of the U.S. vehicle fleet by 2030 being electric or plug-in hybrids -- in line with a goal President Joe Biden outlined in 2021. The administration has not backed calls by California and others ban the sale of new gasoline-only light-duty vehicles by 2035.
By Michael Elkins | [email protected]
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Active options: TSLA NVDA INTC SPCX AAPL MU PLTR MSFT MSTR
- Pay attention to this full-stack AI infra provider, says Morgan Stanley
- UBS says we are entering a catalyst rich period for this big pharma stock
Create E-mail Alert Related Categories
General News, Hot ListRelated Entities
Michael ElkinsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share