Meanwhile, commercial pickup trucks and works vans will be required to achieve a 10 percent fuel efficiency improvement per year from model year 2030 to 2035.
The proposal ultimately targets to save consumers more than $50 billion on fuel, reduce dependence on oil by saving more than 88 billion gallons of gasoline through 2050, and prevent more than 900 million tons of CO2 emissions.
“Better vehicle fuel efficiency means more money in Americans’ pockets and stronger energy security for the entire nation,” said US Transportation Secretary Pete Buttigieg.
Based on GM’s estimates, automakers that could not meet the requirements could face a $1,300 to $4,300 penalty per vehicle. The NHTSA responded, saying that the Michigan-based manufacturer’s “estimate is pure speculation and inaccurate.”