The United States Environmental Protection Agency is anticipated to introduce tighter emissions controls to encourage significant reductions in emissions produced by motor vehicles as part of a strategy to encourage carmakers to significantly switch to electric cars.
If these controls were to be put into effect, the light-duty cars with model years 2027–2032 are anticipated to be covered by the proposed regulations. According to environmental organizations and several carmakers, the idea will enable at least one-half of the country’s vehicle fleet to be electric by 2030, in keeping with the objective set down in 2021 by the president.
In 2032, the regulations would guarantee that the number of electric cars account for 64%–67% of all cars in the United States, even though The Washington Post noted that these percentages in the rule were the most restrictive of numerous choices.
The proposal by the EPA was first covered by the New York Times. This follows California’s air regulators’ decision to ban new conventional car sales by 2035 and establish a series of interim goals to eliminate them.
In December, the market share of electric vehicles among new car sales approached 10%. In a document released last week prior to the unveiling of the new guidelines, the Automotive Innovation Alliance, a significant group in the industry, observed that as demand for electric vehicles grows, so do the costs.
To combat global warming, General Motors and Ford, among other car producers, have increased sales campaigns and other programs for electric vehicles. Ford has promised to achieve net-zero carbon emissions by the year 2050 while establishing interim goals to deal with global warming issues more quickly, in addition to declaring a global goal to stop selling conventional vehicles by 2035. General Motors plans to achieve carbon neutrality by the year 2040.
However, environmental organizations claim that greater action is required to reduce tailpipe emissions. In a statement applauding the anticipated EPA move, Fred Krupp claimed that tailpipe emissions harm the oxygen we inhale and exacerbate severe weather.
The fight for safer weather, improved air quality, and much more made employment in the United States possible is currently underway.
According to the memo from the Automotive Innovation Alliance, keen insight into the analysis of the market’s preparedness is necessary. The alliance continues to state that the factors that will ultimately decide the viability of the electric vehicle transition cannot be addressed by regulatory demands alone.
A protracted public opinion period will be held for the EPA’s proposed standards, and changes may be made prior to adoption.
It remains to be seen what effect those proposed changes by the EPA will impact the sales volumes of EV makers such as Fisker Inc. (NYSE: FSR) in the years to come.
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