USDOT Sets Fuel Economy Standards for Model Years 2027-2031

year for model years 2024- 2027 and then by 5% per year from model years 2028-2031. This will result in a fuel economy of approximately 30.4 miles per gallon for these vehicles by model year 2031. These new standards are expected to save owners of heavy-duty pickup trucks and vans over $1,000 in fuel costs over the lifetime of their vehicles.

Overall, the NHTSA estimates that these new fuel economy standards will save American consumers over $133 billion in fuel costs and reduce carbon dioxide emissions by 52 million metric tons over the lifetime of vehicles produced between 2027 and 2031. These regulations are part of the Biden administration’s efforts to combat climate change and improve air quality.

The NHTSA’s final rule on vehicle fuel economy standards has been praised by environmental groups and consumer advocates, who see it as a significant step towards reducing greenhouse gas emissions and saving consumers money. However, some automakers have expressed concerns about the costs of complying with these new regulations and the impact it may have on the affordability of vehicles for consumers. Nonetheless, the NHTSA believes that these new standards are necessary to address the urgent need to reduce greenhouse gas emissions and combat climate change.