GM wants exclusive rights to sell electric vehicles by 2035and is now trying to push the US government towards the same goal. The car company has co-operate with an advocacy group, the Environmental Defense Fund (EDF), to develop recommended guidelines for the Environmental Protection Agency’s (EPA) automotive emissions standards from the 2027 model year onwards. These guidelines are intended to promote socially conscious EV adoption – and, of course, help GM’s bottom line.
The brand wants standards that guarantee at least half of all new vehicles sold are zero-emissions by 2030, with a 60% reduction in emissions per product line compared to 2021. They need to address a lot. pollution sources (such as CO2, nitrous oxide, and GM argue. The company also believes that an optional roadmap is needed to speed the launch of breakthrough emission reduction technology and that standards must ensure benefits. The benefits of pollution reduction apply to everyone (such as vulnerable communities) It is not surprising that GM expects close coordination between the public and private sectors. , including additional investments.
GM and EDF wanted a quick decision process. They want the standards proposed this fall and completed in the fall of 2023. The standards will last through at least 2032, the partners said, but they also expect the EPA to extend it. that is until 2035.
There may not be much opposition to the basic concept. President Biden wanted half new cars zero emissions by 2030 and EPA reverse the standard of the Trump era in December. Meanwhile, California, Massachusetts and New York It is expected to ban the sale of new gas-powered cars by 2035 and regularly promote stricter standards than the federal government. Theoretically, the EPA standards principles and outcomes should help politicians achieve these goals sooner by incentivizing manufacturers to electrify their fleets quickly.
Whether GM and EDF are headed in their direction remains unclear. EPA is not guaranteed compliance with the guidelines and a change of presidents may result weaker rule. We would like to add that GM has changed its stance on emissions cuts depending on who is in power. The company supports the Trump administration’s effort to revoke the exemption allow California to impose harsher requirements, only to change its tune after Biden wins the 2020 election, however, we wouldn’t expect GM to return any time soon. Companies have its future bet on electric vehicles and it would be beneficial if the market switched to eco-friendly vehicles a little earlier.
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