Today, Nov. 25, the U.S. Environmental Protection Agency released its 50th annual Automotive Trends Report, demonstrating that model year 2023 vehicle fuel economy reached a record high while greenhouse gas emissions dropped to record low levels.
The report also shows that all 14 large automotive manufacturers are in compliance with EPA’s light-duty GHG program requirements through the MY 2023 reporting period. Today, the new MY 2023 electric vehicles and plug-in hybrid electric vehicles on the road have led to 11% lower CO2 emissions.
“This report provides a critical data-driven affirmation that strong, technology-neutral standards can underpin environmental progress while saving drivers money at the pump,” said EPA Administrator Michael S. Regan. “Manufacturers continue to innovate and are bringing technologies to market which will directly improve air quality, better protecting people’s health and saving lives.”
