Automakers Must Achieve 49 MPG Fleet Average By 2026 According To New US Standards | Carscoops carscoops
The new standards come as gas prices have hit record highs worldwide, due in part to Russia’s invasion of Ukraine causing a reduction in supply, as well as rising inflation. President Biden unveiled a plan to increase domestic oil production to ease fuel prices, afterPenalties for automakers have also been increased from $5.
50 to $14 per tenth of a mile per gallon, multiplied by the number of models produced that don’t meet the fuel economy regulations for 2019-2021 model years. For 2022 model years, that number firther increases to $15. Automakers argued against the proposed increased penalty in 2016, saying it would add $1 billion to compliance costs annually.also recently announced a new, more stringent target for vehicle greenhouse gas emissions for 2023-2026 model years of 161 grams of carbon dioxide per mile.
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