The Biden administration just proposed hitting the accelerator on the transition to electric vehicles. If these ambitious new rules are enacted, the U.S. could make major progress in fighting climate change.
The Environmental Protection Agency on Wednesday released new pollution standards for passenger cars and trucks that would be the strongest vehicle emission regulations to date. To comply, automakers would have to significantly increase the number of electric vehicles they produce over the next decade.
That would be a huge change in the vehicle market, which has slowly been rolling out zero-emission models. Last year, about 6% of passenger cars and trucks sold were electric. The proposed emission limits are so strict, the EPA expects that about 67% of passenger vehicles sold by 2032 would be electric in order to meet the standards.