The National Highway Traffic Safety Administration said its new fuel economy requirements are the strongest to date and the maximum the industry can achieve over the time period. They will reduce gasoline consumption by more than 220 billion gallons over the life of vehicles, compared with the Trump standards. They’re expected to decrease carbon dioxide emissions — but not as much as some environmentalists want — and raise new vehicle prices in an industry already pressed by inflation and supply chain issues. For the current model year, standards enacted under Trump require the fleet of new vehicles to get just under 28 miles per gallon in real-world driving. The new requirements increase gas mileage by 8% per year for model years 2024 and 2025 and 10% in the 2026 model year.
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