NHTSA Finalizes Fuel Economy Rule Boost Tracking EPA GHG Standards

The National Highway Traffic Safety Administration (NHTSA) is finalizing a long-awaited update to fuel economy standards closely tracking EPA’s greenhouse gas limits, with the Biden administration touting the plan as a policy that will reduce consumer costs and boost energy security. The final rule for vehicle model years 2024-2026, announced April 1 and signed March 31, largely tracks NHTSA’s prior proposal for an 8 percent annual increase in required fuel economy in both MY24 and 25. But it exceeds the...