The US Environmental Protection Agency (EPA) plans to release its most stringent new emission standards for cars and light trucks on April 12, as reported by CNN on April 8. Sources familiar with the matter indicate that the rules are intended to ensure that electric vehicles (EVs) make up 54% to 60% of all new cars sold in the US by 2030, and 64% to 67% by 2032. This aligns with the U.S. President Joe Biden’s goal of EVs accounting for at least 50% of new vehicle sales by 2030. 

The EPA’s proposal follows California air regulators’ vote last year to ban the sale of new gasoline-powered cars by 2035 and set interim targets for phasing out these cars. California aims to have 70% of zero-emissions vehicles in all new car sales by 2030, and other states are also planning to adopt California’s rules, driving a shift to EVs. Unlike California’s policy, which directly targetsvehicle sales, the EPA intends to implement increasingly stringent GHG emissions rules for automakers to follow from 2027 to 2032, thus promoting the electrification of the industry. In addition, the US Treasury Department plans to release new rules on April 18 that will provide federal tax credits of up to USD7,500 to EV buyers. These measures are designed to address GHG emissions from the transportation sector, which is the largest source of such emissions in the US.

Sources:

https://edition.cnn.com/2023/04/09/politics/epa-vehicle-emissions-climate-biden-administration/index.html

https://www.nytimes.com/2023/04/08/climate/biden-electric-cars-epa.html

https://www.bloomberg.com/news/articles/2023-04-06/biden-to-propose-toughest-ever-rules-on-auto-pollution-to-spur-evs

https://www.nytimes.com/2023/03/31/business/energy-environment/electric-vehicles-treasury-tax-credits.html