‘Aggressively low’ targets expected to spur automakers to invest more in green vehicles
NEW YORK: President Joe Biden’s administration unveiled new proposed auto emissions rules on Wednesday, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032.
The proposed rules set aggressively low standards for emissions of greenhouse gases and criteria pollutants, which is expected to lead to further manufacturing and marketing of EVs amid already considerable investments announced by US and foreign…