A recent McKinsey and Company report highlights how electric vehicles (EVs) are gaining traction in Europe, with 16% of new-car sales being EVs. Despite challenges like high costs and charging infrastructure, consumer interest continues to grow.

The Biden-Harris Administration has announced a $50 million investment to support America’s auto communities and bolster domestic electric vehicle (EV) manufacturing. This initiative aims to help small- and medium-sized suppliers adapt to the evolving EV supply chain, ensuring the retention of good-paying, union jobs.

California's Energy Commission has approved a groundbreaking $1.9 billion investment plan to accelerate the deployment of electric vehicle (EV) charging and hydrogen refueling infrastructure. As part of the larger $48 billion California Climate Commitment, with over $10 billion allocated to zero-emission vehicles (ZEVs) and infrastructure, the plan aims to add 40,000 new chargers over the next four years, contributing to a total of 250,000 chargers in the near future. This initiative marks a significant step toward California's ambitious climate and clean transportation goals.

The U.S. Energy Department (DOE) has proposed new fuel economy rules that would lower the mileage ratings for electric vehicles (EVs) in an effort to comply with existing fuel economy standards. The new proposal would reduce the efficiency ratings of electric vehicles by about 10%, lowering the mileage rating for an EV from 125 miles per gallon equivalent (MPGe) to 113 MPGe. This current system of calculating the petroleum equivalent fuel economy has not been updated in over two decades.

Today, the European Union countries gave their final approval to adopt a new regulation that will require a 100% reduction in emission from new cars and vans. The EU policy will require all new cars sold to have zero CO2 emissions from 2035 and 55% lower CO2 emissions from 2030, versus 2021 levels. This is in line with the European Commission’s “Fit for 55” roadmap to cut GHG emissions. However, Germany won an exemption for cars running on e-fuels, leading to concerns that traditional combustion engine cars could still be sold beyond 2035.

On Tuesday this week, the European Parliament formally approved a new law that will effectively ban the sale of new combustion engine cars in the European Unition as of 2035. This new law has been approved in hopes to combat climate change and accelerate the shift from petrol and diesel cars to electric.

The California Air Resources Board on August 25th approved the Advanced Clean Cars II rule. This rule outlines a year-by-year roadmap as to how the state will make it so that 100% of new cars and light trucks sold in California will be zero emission vehicles by 2035.

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