New EPA rules will upend industry as automakers’ EV plans are too low
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The US Environmental Protection Agency is set to announce sweeping new EPA rules on Wednesday intended to bring EV market share to ~60% in the US by 2030 and 67% by 2032. The rules are a big step forward for electrification, and represent an improvement from President Biden’s previous commitment of 50% electric by 2030. But it’s also far ahead of what many automakers are planning, leaving millions of EV sales up for grabs come 2030.
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