And now here's what Biden and the Left want to do to that number:
Seriously, these people want us in electric vehicles, stat. There's no other way to look at this. The Biden administration on Friday announced a proposal to require raising fuel economy standards to 58 miles per gallon.Biden Admin Wants 58 MPG Fuel Efficiency Standard By 2032 https://t.co/7HcHWlJaSi
— zerohedge (@zerohedge) August 1, 2023
The proposal, from the Department of Transportation's National Highway Traffic Safety Administration (NHTSA), would aim for a respective 2% annual increase for passenger cars, and a 4% increase in light trucks' Corporate Average Fuel Economy (CAFE) standards for 2027 - 2032 models, and would require 2030 - 2035 "heavy-duty pickup trucks and vans" to boost fuel economy by 10% per year.
Yeah, I bet that's gonna work out for automakers! Sorry for the sarcasm, but car manufacturers are already paying record penalties for these fuel efficiency standards, and the price they pay in penalties is going up as well. GM estimates that these new rules could cost the industry over $100 billion in new penalties.