Yesterday, the United States finalized new standards that will increase fuel economy for cars (by 54.5 mpg) and light-duty trucks by Model Year 2025. When combined with previous standards this move will nearly double the fuel efficiency of those vehicles compared to new vehicles currently on the roads.
In total, the United States' national program to improve fuel economy and reduce greenhouse gas emissions will save consumers more than $1.7 trillion at the gas pump and reduce U.S. oil consumption by 12 billion barrels.
“This historic agreement builds on the progress we’ve already made to save families money at the pump and cut our oil consumption," said President Barack Obama.
Major auto manufacturers are already developing advanced technologies that can significantly reduce fuel use and greenhouse gas emissions. In addition, a wide range of technologies are currently available for automakers to meet the new standards, including advanced gasoline engines and transmissions, vehicle weight reduction, lower tire rolling resistance, improvements in aerodynamics, diesel engines, more efficient accessories, and improvements in air conditioning systems. Read more.