Trump rescinding rule incentivizing EV production to meet fuel economy requirements
Reuters
Feb 18
Trump rescinding rule incentivizing EV production to meet fuel economy requirements
WASHINGTON, Feb 18 (Reuters) - The Trump administration said Wednesday it is rescinding a rule that incentivized automakers to produce electric vehicles to meet fuel economy requirements by overstating energy savings.
Environmentalists have long criticized the Energy Department rules for assigning unrealistically high fuel-economy values to electric vehicles, which are then figured into fleetwide averages under federal Corporate Average Fuel Economy rules.
The Energy Department said following an appeals court decision in September it will remove the provision known as the fuel content factor from its calculations and plans to propose additional revisions.
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