General Motors Co GM will reportedly face compliance challenges under the Environmental Protection Agency's (EPA) proposed vehicle emissions rules due to tighter electric vehicle requirements.
In its comments to the EPA, the automaker cited six state and federal regulations that "could require each automaker to exceed 50% EVs in at least a dozen vehicle averaging sets in the approximate 2030 timeframe," reported Reuters.
The report further noted that the automaker expressed concerns that a possible lack of clarity and coordination between the state and federal agencies could mar its compliance even after meeting the EPA targets.
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In April, the EPA said 2027-2032 emission standards would slash emissions by 56% compared to the 2026 requirements.
The report specified that, according to the EPA's latest calculation, about 60% of new vehicles should be electric by 2030 and 67% by 2032.
Meanwhile, major automakers reacted to the proposal saying it was "neither reasonable nor achievable."
Also Read: Ford, General Motors Optimistic On Demand
Price Action: GM shares are trading lower by 0.94% at $39.05 in premarket on the last check Thursday.
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