In 2023, Tesla achieved significant gains in emissions credits, stacking nearly 34 million metric tons, contrasting sharply with multiple automakers facing deficits amidst tighter regulations.
The EPA's report indicates that the fuel economy of new vehicles reached a record 27.1 mpg in 2023, a notable increase attributed partially to the growth in EVs.
General Motors led the industry emissions deficits in 2023 with a staggering shortfall of 17.8 million metric tons, underscoring the challenges automakers face under stringent emissions rules.
Despite challenges, the EPA indicates a surplus of 123 million metric tons of regulatory credits exists in the industry, which could help automakers meet future emissions standards.
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