Gashi Automobile News According to Reuters, Tesla generated nearly 34 million tons of greenhouse gas emission credits from selling electric vehicles in the 2023 model year.
In contrast, the U.S. auto industry has experienced a huge credit deficit due to stricter carbon emission standards.
Photo source: Tesla, in a report first seen by Reuters, the U.S. Environmental Protection Agency (EPA) said that in 2023, the fuel economy of new cars in the United States will increase by 1.
1 miles per gallon (about 1.
8 kilometers), reaching a record of 27.
1 miles per gallon (about 43.
6 kilometers per gallon).
The EPA said that in the 2024 model year, fuel economy for the entire U.S. fleet is initially expected to increase to 28 miles per gallon (approximately 45.
1 kilometers per gallon).
Among large automakers, Stellantis has the lowest fuel economy, followed by General Motors and Ford Motors, while Tesla has the highest fuel economy, followed by Kia Motors and Hyundai Motors.
It is reported that last year, Stellantis and General Motors paid a total of $363 million in civil fines for failing to meet U.S. fuel economy requirements.
In 2023, the entire U.S. auto industry will generate a greenhouse gas emission credit deficit of nearly 11 million tons.
If Tesla is eliminated, automakers will generate a total of 43.
5 million tons of greenhouse gas emission credit deficit in the United States, of which General Motors has the largest credit deficit, at 17.
8 million tons.
In contrast, in 2022, the U.S. auto industry won a total of 3 million tons of points, while Tesla is far ahead with 19.
1 million tons of points.
However, the EPA said that currently, the U.S. auto industry still has a surplus of 123 million tons of points to meet future demand.
The EPA report stated that General Motors purchased approximately 44 million tons of greenhouse gas emission credits in 2023, while Tesla sold approximately 34 million tons of credits, which is currently the largest greenhouse gas emission credits trade in the United States.
An EPA investigation in July this year found that about 5.
9 million GM vehicles had excessive emissions.
As part of the settlement, GM had to deduct an additional 49 million tons of carbon emission credits.
At the same time, the EPA also stated that the production of electric vehicles and plug-in hybrid vehicles will account for 11.
5% of total U.S. vehicle production from 6.
7% in 2022 and is expected to reach 14.
8% by 2024.
In March this year, after significantly tightening U.S. carbon emission requirements from 2024 to 2026, the EPA finalized new regulations requiring automakers to reduce their carbon emissions by 49% by 2032 compared with 2026 levels.
Last week, sources said that the next U.S. president, Donald Trump, plans to cancel the Biden administration’s federal regulations aimed at improving vehicle fuel efficiency and encouraging the transition to electric vehicles.
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