The U.S. Department of Transportation announced new corporate average fuel economy (CAFE) standards April 1 that call for an industrywide fleet average of about 49 miles per gallon by the 2026 model year.I think automakers also see jumping to making EVs as a way to get the ever increasing CAFE goals off their back. Instead of putting more research and money into squeaking out more MPG, they would rather jump on the hot EV selling bandwagon.
Anyone know if CAFE allows a manufacture to roll their EVs in to their feet overall CAFE calculations?
Or will CAFE someday come up with an EV efficiency standard that it must get x miles per kWh (or MPG equivalent) in order to not be fined/tax?
That's a big jump for the auto industry to make — 8 percent higher in the 2024 and 2025 model years and 10 percent by 2026 — but don't expect to hear automakers complain. After all, a federal push toward more efficient vehicles should even the playing field for automakers making billions of dollars of investments to build electric and hybrid cars and trucks. So those companies that are spending money on battery systems and electric motor components should see a return on their investment.