Trump says he approved new fuel economy standards, rolling back Biden-era rules
The new fuel economy standards will reverse the Biden administration's stricter policies meant to spur electric vehicle adoption.
TL;DR
- President Trump has approved new fuel economy standards, reversing Biden-era policies.
- The previous Biden standards aimed to increase fuel efficiency to roughly 50 miles per gallon by 2031 and incentivize electric vehicle production.
- Trump claims the new standards will lower car prices for families and support American automakers.
- The final standards are not yet public but are expected to be less strict than Biden's policies.
- Weaker standards may lead to increased production of trucks and SUVs over smaller cars, and reduce the attractiveness of electric vehicles for manufacturers.