The Biden Administration’s Environmental Protection Agency has unveiled proposed regulations that would require automakers to ensure that at least two-thirds of newly manufactured vehicles are electric by 2032. These rules aim to set stringent greenhouse gas emissions limits on the car industry. The proposed limits would necessitate a majority of the companies’ products to transition from gasoline to battery-powered vehicles by 2032.
The EU has set an even more ambitious target, requiring 100% of new cars to be electric by 2035. The proposed regulations aim to reduce CO2 emissions from vehicles and help families save money on fuel and maintenance costs. Last year, only 5.8% of cars sold in the US were electric, whereas the EU saw 15.7% of new car registrations in 2021 being electric.
Though the rules would not limit the number of petrol cars that can be sold, it would limit the amount of CO2 that can be emitted by new cars and light trucks. Automakers must decrease pollution by 13% per year, requiring a reduction in petrol car production.
The EPA projects that under the new rules, at least 60% of new passenger vehicles sold in the US would be electric by 2030, increasing to 67% by 2032. The goals mark a significant increase from the Biden Administration’s previous EV targets, which aimed to make EVs half of US new car sales by 2030. The proposed standards still require public comment and could face legal challenges before they can be implemented.
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