Highly speculative' that Trump's new fuel rules will help drivers: Experts
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Highly speculative' that Trump's new fuel rules will help drivers: Experts
"Earlier this month, United States President Donald Trump announced plans to lower fuel efficiency standards for cars, a move that, he said, would make cars more affordable for Americans, and give them freedom to choose large cars. But the proposed change in policy has also laid to waste the years and billions in investments in cleaner cars, including electric vehicles (EVs), even while the idea that it would save US drivers money is highly speculative, experts say."
"The proposed new standards will allow cars to run at 34.5 miles per gallon (14.7km per litre) compared with the 50.4 miles per gallon (19km per litre) set under the previous administration of President Joe Biden. Trump has called it the Freedom Means Affordable Cars proposal, saying the lower fuel efficiency norm could make each new car up to $1,000 cheaper and support US manufacturing."
Proposed changes would lower US car fuel-efficiency standards from 50.4 miles per gallon to 34.5 mpg. The proposal claims lower standards could reduce new-car prices by up to $1,000 and support US manufacturing. Automakers have already made years-long, multi-billion-dollar investments to meet stricter norms, and weakening standards undermines those investments. Ford announced a $19.5bn charge after cutting EV plans; General Motors reported a $1.6bn impact and 3,400 EV-site layoffs. EVs remain under 10% of the US market versus about 25% globally, and federal cutbacks risk slowing the transition to cleaner vehicles.
Read at www.aljazeera.com
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