Quote:
|
The new Corporate Average Fuel Economy standards require an industry-wide fleet average of approximately 49 mpg for passenger cars and light trucks in model year 2026, the strongest cost savings and fuel efficiency standards to date. The new standards will increase fuel efficiency 8% annually for model years 2024-2025 and 10% annually for model year 2026. They will also increase the estimated fleetwide average by nearly 10 miles per gallon for model year 2026, relative to model year 2021.
|
https://www.transportation.gov/brief...year-2024-2026
With the new fuel economy standards manufacturers aren't going to have a lot of choice, they will need to electrify heavily to bring the averages down. It will be interesting to see if raw materials ends up being a constraining factor as this happens. It may be that they have to switch to more hybrids that have small batteries, to spread the efficiency across the fleet.