U.S. EPA Proposal for MY2027+ Light- and Medium-Duty Vehicles

On April 12th 2023, the U.S. EPA published a proposal to further reduce greenhouse gas and criteria pollutant emissions from light- and medium-duty vehicles beyond model year 2027. Here is a summary of this “multi-pollutant” regulatory proposal.

Understanding the IRA for electric vehicles

Eligibility requirements of IRA tax credits

In case you are confused by the Inflation Reduction Act in the US and it’s implications for electric vehicle incentives, then you are not alone. It’s an evolving story, and the U.S. Treasury Department is making clarifications to help consumers understand what’s in it for them. The latest revised guidelines expand the list of vehicles which qualify for the $7,500 tax credits. Here’s a summary.

US EPA revised fuel economy standards for MY 2023 – 2026

The US EPA has revised the fuel economy standards for model years 2023 – 2026. On average, this will require fleet averaged annual reductions of CO2 or fuel consumption by 7%. Overall, the model year 2026 CO2 emissions will be further reduced by 23% compared to the previous Safer Affordable Fuel-Efficient (SAFE) rule.