Biden administration proposes strict emissions rules to accelerate EV adoption.

The Biden administration is set to propose strict new automobile pollution limits that would require all-electric vehicles to account for up to two-thirds of new vehicles sold in the US by 2032. The proposed regulation, expected to be released by the Environmental Protection Agency, would limit greenhouse gas emissions for passenger vehicles to even stricter levels than the auto industry agreed to in 2021. The plan is expected to face pushback from the auto industry, but has been applauded by environmental groups. The proposal would require at least 54% of new vehicles sold in the US to be electric by 2030, and up to 67% by 2032.