LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Trump administration to announce new fuel economy standards Wednesday, sources say

Robert Frost by Robert Frost
December 3, 2025
in Industries
Trump administration to announce new fuel economy standards Wednesday, sources say
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Traffic on Interstate 80 in San Pablo, California, US, on Wednesday, Nov. 26, 2025.

David Paul Morris | Bloomberg | Getty Images

The White House will announce new fuel economy standards on Wednesday, according to administration sources.

The Trump administration will propose rolling back the standards implemented by former President Joe Biden last year, sources told Reuters. Biden required passenger cars and light trucks to have a fuel efficiency of about 50 miles per gallon by 2031.

President Donald Trump is scheduled to make an announcement at 2:30 p.m. ET from the Oval Office. Executives from Ford, General Motors and Stellantis are expected to attend the announcement.

The Biden fuel efficiency standards were expected to stimulate the sale of elecric vehicles in the U.S. Trump has sought to roll back all federal support for EVs since taking office.

The oil industry group the American Petroleum Institute has lobbied the Trump administration to repeal the Biden fuel economy standards, arguing that they aim to phase out liquid fuel vehicles.

The Corpoate Average Fuel Economy (CAFE) standards date back to 1975 and have been tightened over the years to make vehicles more efficient.



Source link

You might also like

Archer Aviation is planning an air taxi network around the Miami metro area including airports

Germany’s largest offshore wind farm fires up its first turbine

Jim Cramer has faith in Danaher’s turnaround as life sciences comes back to life

Share30Tweet19
Previous Post

Japan’s new crypto tax could wake ‘sleeping giant’ of retail investors

Next Post

Binance’s new ‘Junior’ app draws mixed reactions over kids entering crypto

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Archer Aviation is planning an air taxi network around the Miami metro area including airports
Industries

Archer Aviation is planning an air taxi network around the Miami metro area including airports

December 3, 2025
Germany’s largest offshore wind farm fires up its first turbine
Industries

Germany’s largest offshore wind farm fires up its first turbine

December 2, 2025
Jim Cramer has faith in Danaher’s turnaround as life sciences comes back to life
Industries

Jim Cramer has faith in Danaher’s turnaround as life sciences comes back to life

December 2, 2025
BYD tried crushing its $180K luxury SUV with a 2-ton tree and it barely left a mark [Video]
Industries

BYD tried crushing its $180K luxury SUV with a 2-ton tree and it barely left a mark [Video]

December 2, 2025
Next Post
Binance’s new ‘Junior’ app draws mixed reactions over kids entering crypto

Binance’s new ‘Junior’ app draws mixed reactions over kids entering crypto

Related News

U.S. stocks finish lower, but log fourth weekly gain in five

U.S. stocks finish lower, but log fourth weekly gain in five

April 14, 2023
Stocks making the biggest moves midday: Intel, Nvidia, AppLovin and more

Stocks making the biggest moves midday: Intel, Nvidia, AppLovin and more

March 3, 2025
NRG Energy stock rallies to lead the S&P 500’s winners after repurchase program boost, activist investor call to oust CEO

NRG Energy stock rallies to lead the S&P 500’s winners after repurchase program boost, activist investor call to oust CEO

June 22, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?