Japan Targets 32% Fuel Economy Gain by 2030
Japan has announced new standards that will demand a 32% hike in fleet average fuel economy for new cars by fiscal 2030, The Nikkei reports.
#economics #regulations
Japan has announced new standards that demand a 32% hike in fleet average fuel economy for new cars by fiscal 2030, The Nikkei reports.
The new standards mandate that fleets must average 25.4 km/liter (59.7 miles per gallon) by 2030.
The rules will force Japanese carmakers to sell more plug-in hybrid and all-electric models, just as tougher fuel efficiency rules in Europe and China are doing for manufacturers in those markets. The Nikkei cites industry data showing that only 24,000 EVs were sold in Japan in fiscal 2017, or only 0.5% of the country’s total passenger vehicle market.
The new standard also will consider the carbon dioxide produced to generate electricity to power EVs in calculating the virtual fuel efficiency of electrics.
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