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Thursday, April 13, 2023

E.P.A. Lays Out Rules to Turbocharge Sales of Electric Cars and Trucks

The Biden administration proposed the nation’s most ambitious climate regulations to date, two plans designed to ensure two-thirds of new passenger cars and a quarter of new heavy trucks sold in the United States are all-electric by 2032.

The new rules would require nothing short of a revolution in the U.S. auto industry, a moment in some ways as significant as the June morning in 1896 when Henry Ford took his “horseless carriage” for a test run and changed American life and industry.

If the two rules from the Environmental Protection Agency are enacted as proposed, they would put the world’s largest economy on track to slash its planet-warming emissions at the pace that scientists say is required of all nations in order to avert the most devastating impacts of climate change.

The government’s challenge to automakers is monumental. Last year, all-electric vehicles accounted for just 5.8 percent of new cars sold in the United States. All-electric trucks were even more rare, making up fewer than 2 percent of new heavy trucks sold.

Companies that fall short of the standard could be penalized in different ways, including fines of billions of dollars.