Explore the latest developments concerning Trump Administration Plans.
Trump says he approved new fuel economy standards, rolling back Biden-era rules
President Donald Trump on Saturday said he approved new fuel economy standards, reversing former President Joe Biden's stricter policies meant to fuel electric vehicle adoption.
Since the Corporate Average Fuel Economy, or CAFE, standards were established in 1975, they have been periodically updated, typically to make vehicles more efficient. Under former President Joe Biden's standards, automakers would have had to increase the fuel efficiency of their passenger cars and light trucks to roughly 50 miles per gallon by 2031. The stricter standards were designed to incentivize electric vehicle production and sales in the U.S.
Trump presented the policy change as a boon for both automakers and consumers, though the final standards have not yet been publicly detailed.
Trump says he approved new fuel economy standards ending Biden-era electric vehicle mandate
Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset.
Powered and implemented by FactSet Digital Solutions.
Legal Statement.
This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. FAQ – New Privacy Policy
'The Big Money Show' panel discusses U.S. automakers urging Congress to ban Chinese EVs.
President Donald Trump on Saturday said that he has approved new fuel economy standards that end the Biden-era electric vehicle mandate.
"The Dumocrats cost our Great Auto Manufacturers $Billions, forced Americans into cars they never wanted, and wasted Billions on Chargers that were never built," Trump wrote on Truth Social Saturday afternoon.
1Pair New Color Hand-sewn Glass Drill Mirror Flowers Sparkling Rhinestone Coats Waistbands Shoulders Wedding Dress DIY Patch
The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.
For more detailed information, explore updates concerning Trump Administration Plans.
Leave a Reply