President Donald Trump says he approved new fuel economy standards that end the Biden administration's electric vehicle mandate. He made the announcement in a Truth Social post on Saturday, saying the change will lower prices and save families money on a new car.
US President Donald Trump said Saturday he approved new fuel economy standards that terminate the Biden administration's electric vehicle mandate. Reuters reported the announcement from Washington on Sept 26.
Trump made the announcement in a post on his Truth Social platform. According to Reuters: "These new Standards will take the waste out of building cars in America." Trump added that the change means lower prices, saving families thousands of dollars on a new car.
Trump described the outcome as a new, beautiful, and safe car for buyers. He gave no further detail on how the standards would be implemented, when they take effect, or which specific requirements of the Biden-era mandate they replace.
Source: Investing.com
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