WASHINGTON—The Biden administration raised fuel-efficiency standards for passenger cars and light-duty trucks, part of a bid to mitigate climate change and nudge the auto industry toward electric vehicles.
The U.S. Environmental Protection Agency said on Monday that it would require auto makers to achieve a fleetwide average of 55 miles a gallon by model year 2026, up from a standard of 43 mpg set during the Trump administration. The new standards begin to take effect in the model year 2023 and
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