Biden administration proposes gradual increase in fuel economy standards to accelerate electric vehicle adoption

The Biden administration has proposed new fuel economy rules to improve fleetwide average to 58 mpg by 2032.
The proposal includes annual mileage increases for passenger vehicles starting in 2027 and larger increases for trucks from 2030.
The new standards aim to reduce greenhouse gas emissions, cut gasoline consumption, and incentivize electric vehicle sales.
Automakers are expected to oppose the proposal but it aligns with EPA targets to cut emissions.
If implemented, the rules could save consumers money on fuel but increase vehicle costs.