President Trump announced he is eliminating the fuel efficiency standards set by the Biden administration, known as the Corporate Average Fuel Economy (CAFE) standards. This move aims to make automobiles more affordable and practical for American consumers.
• The Biden administration introduced stringent CAFE standards that mandated high quotas for electric vehicles (EVs) and stricter rules for traditional vehicles, leading to increased car prices.
• President Trump criticized these standards for raising car costs significantly, stating they caused prices to go up over 25% and would have increased the average cost of a new car by nearly $1,000 if unchanged.
• The reset of the CAFE standards will revert to levels achievable with conventional gasoline and diesel vehicles, ensuring compliance with legal requirements set by Congress.
• Trump’s actions are projected to save American families approximately $109 billion over the next five years and improve vehicle safety, potentially saving over 1,500 lives through 2050.
• Additionally, Trump previously signed resolutions to end California’s EV mandates and eliminated penalties for CAFE violations, further protecting the auto industry.
President Trump’s reset of the CAFE standards is aimed at reducing costs for consumers, promoting safer vehicle options, and safeguarding U. S. automakers from unrealistic demands. This decision is positioned as a critical step in countering Biden's policies that have contributed to rising living costs.
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