Trump rolls back electric vehicle push with new fuel economy standards
President Trump approved new fuel economy standards. They reverse Biden-era rules. Those rules pushed automakers to make electric vehicles more attractive.
Trump announced Saturday he approved new fuel economy standards. Trump reversed Biden policies that pushed automakers to make electric vehicles.
Under Biden's rules, automakers would have needed to reach roughly 50 miles per gallon by 2031. Trump says the new standards will lower car prices.
He says manufacturers will make more money. Weaker fuel standards let automakers make more pickup trucks and SUVs.
These vehicles are more profitable but use more fuel. Electric vehicles become less attractive to manufacturers.
Some makers like General Motors say they will still make them. The exact new standards have not yet been publicly detailed.
- 50 miles per gallon by 2031
- Biden's target
- General Motors, Ford, Stellantis
- Automakers mentioned
Why it mattersFuel economy rules shape which vehicles manufacturers produce and what consumers can buy. These rules affect the pace of electric vehicle adoption globally.
AustraliaNo direct Australian effect yet, but changes to US vehicle standards can shift global EV production and eventually affect vehicle prices and availability in Australia.
Corroborated byfoxbusiness.com
✓ Claims checked against the source and corrected before publish. checked 44 min ago
Open this story in InSnip →
