The U.S. Looks To Lower EV Mileage Ratings   ...Middle East

Economy by : (OILPRICE) -
The U.S. administration is considering slashing the mileage ratings for electric vehicles (EVs) to meet fuel economy regulations for automakers, in a major overhaul of the Corporate Average Fuel Economy (CAFE) program.   The U.S. Department of Energy is looking to reduce significantly the way petroleum-equivalent fuel economy for EVs is being calculated, which could mean that automakers need to sell more low-emission cars.   If carmakers cannot meet CAFE rules, they either buy credits or pay fines. Vehicles are ranked by their EPA combined…

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