Trump to set new fuel economy standards and undo Biden-era policy
President Donald Trump said on Saturday night he plans to scrap former President Joe Biden’s fuel economy standards meant to incentivize electric vehicle adoption, framing it as a “BIG DAY” for both workers and consumers.
TL;DR
- President Trump plans to scrap Biden's fuel economy standards.
- These standards aimed to incentivize electric vehicle adoption.
- Trump stated the policy hurt auto manufacturers and consumers.
- He called the EV mandate 'ridiculous' and a waste of money.