New EPA rules will upend industry as automakers’ EV plans are too low
The US Environmental Protection Agency is set to announce sweeping new EPA rules on Wednesday intended to bring EV market share to ~60% in the US by 2030 and 67% by 2032. The rules are a big step forward for electrification, and represent an improvement from President Biden’s previous commitment of 50% electric by 2030. But it’s also far ahead of what many automakers are planning, leaving millions of EV sales up for grabs come 2030.
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