67% of Vehicle Sales Could Be EVs by 2032: EPA

56% Reduction of GHG Emissions in Transport

The United States’ Environmental Protection Agency is advocating novel and drastically more severe regulations for vehicle exhausts that would result in electric vehicles serving as up to two-thirds of light-duty model sales by 2032. The EPA anticipates these alterations will reduce the average output of greenhouse gases from the typical fleet by 56 percent in comparison to 2026 standards. According to their projection, these modifications should cut back oil imports by 20 billion barrels, with savings estimating from $850 billion to $1.6 trillion between 2027 and 2055.

Prospective amendments to greenhouse gas emissions standards for light- and medium-duty vehicles would set in motion from 2027 up until 2032. Ultimately, the CO2 emissions amount should be brought down to 82 grams per mile. Year after year, there will be diminishing levels: dropping 18 percent in 2027, 13 percent in 2028, 15 percent in 2029, 8 percent in 2030, 9 percent in 2031, and 11 percent in 2032.

Should these suggestions come to fruition, the Environmental Protection Agency (EPA) anticipates that light- and medium-weighted motor vehicles may impede nearly 7.3 billion tons of CO2 from entering the environment by 2055. This is equivalent to approximately four whole years of present day US transportation.

The Environmental Protection Agency guesses that at the beginning, the expenditure for every car would go up by about $1,200 for the year 2032 in accordance with those rules. Still, the body forecasts that the average person will be able to bank up to $12,000 in lifetime savings from owning that particular model.

Medium-duty vehicles are obligated to meet different objectives. The aim is for 46 percent of vehicles in this group to be electric by the year 2032, which would lead to the average CO2 discharge being reduced by 44 percent in comparison to the emissions levels set for the model year 2026, or 275 grams of CO2 for each mile covered.

The EPA’s proposal also includes some broader strategies for the auto industry. One such strategy is the introduction of “new battery durability requirements for light-duty and medium-duty BEVs and PHEVs.” This would involve conducting additional tests to ensure that the battery pack meets the proposed specifications, and reporting the results.

At the present, all of these modifications remain just as suggestions. They must still endure a requisite comment period and an open hearing. Perhaps matters could evolve.

Sources: EPA via Automotive News, EPA