U.S. likely won’t meet 2025 fuel economy goals
The U.S. government says fuel economy of the nation’s fleet of cars and trucks won’t meet its targets in 2025 because low gas prices have changed the types of vehicles people are buying. Under standards set in 2012, automakers’ fleets were expected to get an average of 54.5 miles per gallon by 2025. But in a report issued Monday, the government says that’s more likely to be between 50 miles per gallon and 52.6 miles per gallon, depending on the price of gas. The report suggests automakers can meet the targets set in 2012 using primarily advanced gasoline engines, not hybrids or electrics. But since the fuel economy standards are weighted by sales, and people have been buying larger and less fuel-efficient models as gas prices fall, the initial targets likely won’t be met.