Historic crackdown on petrol-powered cars will see two-thirds of vehicles turn electric, hybrid by 2032 after Biden admin finalises new rules
That would be a huge increase over current EV sales, which rose to 7.6% of new vehicle sales last year, up from 5.8% in 2022. “Our final rule delivers the same, if not more, pollution reduction than we set out in our proposal,’’ EPA Administrator Michael Regan told reporters, adding the rules would prevent more than 7 billion tons of carbon emissions over the next three decades and provide nearly $100 billion in benefits including lower health care costs, and more than $60 billion in reduced annual costs for fuel, maintenance and repairs.
Industry groups slammed the regulations, with the American Petroleum Institute saying they would “make new gas-powered vehicles unavailable or prohibitively expensive for most Americans. For them, this wildly unpopular policy is going to feel and function like a ban. As Biden faces a tight re-election battle, he is juggling his stated commitment to lowering greenhouse emissions while courting the auto manufacturing industry, whose voters are a key demographic in battleground states like Michigan.