Automakers looking for a bit of a break with CAFE compliance can now get a 2 for 1 special on EVs.
Automotive News describes the loophole succinctly
In the 2017 through 2019 model years, regulators will count each EV produced as two when calculating whether automakers are meeting new fuel-economy standards for light vehicles.
How about that? Build a low-volume, compliance-special EV like the Toyota RAV4 EV or the Fiat 500 EV and even if you make 500, it counts as 1000 units. Plug-in hybrids will also count as 1.6 vehcles instead of two. And no surprise, there are over 40 new plug-in and electric vehicles ready go on sale in 2015. This is in addition to
“…the myriad ways to earn credits, such as using certain air-conditioning technologies to reduce emissions and building large numbers of hybrid trucks.”
And remember folks, those credits mentioned can be traded, sold or used to help meet compliance goals in later years.
We’ve already delved into some of the reasons why CAFE is a complete f***ing scam, but did you also know that two-wheel drive crossovers count as car and four-wheel drive versions count as light trucks(requiring them to meet less stringent fuel economy targets)? Yes folks, CAFE is a bigger rip-off than Starbucks. And there’s more to come. It’s too bad there isn’t a simple formula that can act as a consumption tax on emissions (thereby creating a de facto incentive for greater fuel efficiency). Oh, wait a minute…