The Biden administration is expected to finalize regulations this week that aim to incentivize the adoption of electric vehicles. These regulations will have implications for gas-powered vehicles, as they seek to promote a shift towards more sustainable transportation options.
In the proposed rules published in May 2023, the Environmental Protection Agency expressed its intention to focus on vehicles that would gradually be introduced between model years 2027 and 2032.
It is worth noting that electric vehicles currently tend to have a higher average cost compared to subcompact cars.
President Biden has consistently expressed his intention, dating back to 2020, to leverage federal agencies and collaborate with the State of California in order to phase out the sale of new gas-powered vehicles.
In 2022, California implemented the Advanced Clean Cars II rule, which mandates that by 2035, all newly sold light-duty vehicles in the state must be zero-emission vehicles.
Following California’s lead, New York, Massachusetts, and Washington state have also taken steps in the same direction.
The Environmental Protection Agency (EPA) has put forth a proposal to implement increasingly stringent standards for light-duty vehicles. These standards would be phased in over a span of six years, from model years 2027 to 2032.
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