DIRS.INFO The most relevant business & tech news

☆ New US truck, SUV fuel economy rules much less stringent than original proposal
▼ + stars: | 2024-06-07 | by ( ) www.cnbc.com time to read: +3 min

President Joe Biden's administration on Friday finalized tighter fuel economy rules for trucks and sport utility vehicles through 2031 that are not as stringent as it first proposed, a federal agency said. Last year, NHTSA said its proposal to hike fuel economy standards through 2032 would cost the industry $14 billion in projected fines. In June 2023, Reuters first reported Stellantis and GM paid a total of $363 million in CAFE fines for failing to meet U.S. fuel economy requirements for prior model years. NHTSA said the rule will hike fuel economy to about 50.4 miles per gallon by 2031 from 29.1 mpg currently. "Those fines wouldn't have produced any environmental benefits or additional fuel economy and would've foolishly diverted automaker capital away from the massive investments required by the electric vehicle transition," Bozzella said.

Persons: Joe Biden's, Biden, John Bozzella, Bozzella, Dan Becker Organizations: Traffic Safety Administration, Detroit, NHTSA, General Motors, Chrysler, Ford Motor, Reuters, Alliance for Automotive Innovation, Center, Transport

☆ EPA issues new auto rules aimed at cutting carbon emissions, boosting electric vehicles and hybrids
▼ + stars: | 2024-03-20 | by ( ) www.cnbc.com time to read: +8 min

Kevin Lamarque | ReutersThe Biden administration announced new automobile emissions standards Wednesday that officials called the most ambitious plan ever to cut planet-warming emissions from passenger vehicles. The rules come as sales of electric vehicles, which are needed to meet the standards, have begun to slow. The agency is finalizing the rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. At the same time, the Democratic president needs cooperation from the auto industry and political support from auto workers, a key political voting bloc. White House press secretary Karine Jean-Pierre said Tuesday that White House officials "don't have any concerns" about the final EPA rule.

Persons: Joe Biden, Kevin Lamarque, Michael Regan, Regan, Biden, Karine Jean, Pierre, ″, we're, Manish Bapna, Amanda Leland, Dan Becker, Donald Trump, Becker, Trump, Biden's Organizations: Detroit Auto, Reuters, Biden, Environmental Protection Agency, EPA, Democratic, United Auto Workers union, White, Natural Resources Defense, Environmental Defense Fund, Center for Biological Diversity Locations: America, Detroit , Michigan, EVs, Detroit, China

☆ DOT proposes new car standards that would modestly raise fuel economy and push the sale of EVs
▼ + stars: | 2023-07-28 | by ( Gregory Wallace | ) edition.cnn.com time to read: +3 min

CNN —The Biden administration on Friday proposed modest increases to fuel efficiency standards for the vehicles most Americans drive. The proposal fits alongside the administration’s push for increasing the share of electric vehicles on the roads. A nearly 700-page document outlined the potential options, including the administration’s proposal for increasing car fuel efficiency standards annually by 2% for cars and 4% for light trucks. The Environmental Protection Agency, which calculates the fuel economy estimates shown on vehicle window stickers, uses different tests that result in more realistic estimates. Soon after taking office, the Trump administration re-wrote the more stringent Obama administration’s proposal.

Persons: CNN —, Biden, that’s, Chris Harto, John Bozzella, ”, Dan Becker, Harto, Pete Huffman, Trump Organizations: CNN, US Department of Transportation, Environmental Protection Agency, Consumer, EPA, Alliance for Automotive Innovation, Center for Biological, Natural Resources Defense Council, Democratic, Republican, Obama

☆ U.S. proposes 56% vehicle emissions cut by 2032, requiring big EV jump
▼ + stars: | 2023-04-12 | by ( David Shepardson | ) www.reuters.com time to read: +4 min

The proposal, if finalized, represents the most aggressive U.S. vehicle emissions reduction plan to date, requiring 13% annual average pollution cuts and a 56% reduction in projected fleet average emissions over 2026 requirements. The EPA is also proposing new stricter emissions standards for medium-duty and heavy-duty trucks through 2032. The proposal is more ambitious than President Joe Biden's 2021 goal, backed by automakers, seeking 50% of new vehicles by 2030 to be electric vehicles (EVs) or plug-in hybrids. Dan Becker, director of the Safe Climate Transport Campaign, said the EPA proposal should have been tougher. Medium-duty vehicle rules are projected to cut emissions by 44% over 2026.

The Detroit automaker's average estimated real-world fuel economy and its carbon emissions ranked the second-worst in the industry for the 2021 model-year, according to the EPA. Both automakers decreased their fuel economy and increased C02 emissions since the 2016 model-year, according to the EPA, as did Hyundai Motor , Mazda and Volkswagen . The 2021 average vehicle fuel economy was at an all-time high of 25.4 miles per gallon, unchanged from the year prior. Its average fuel economy, which is measures in terms of miles per gallon of gasoline equivalent, or mpge, was 123.9 miles. Just 4% of 2021 vehicles were electric, plug-in hybrids or fuel cell vehicles, though the EPA projects that figure will rise to 8% in 2022.

Search resuls for: "Dan Becker"

5 mentions found