In June 2024, the National Highway Traffic Safety Administration (NHTSA) finalized new Corporate Average Fuel Economy (CAFE) Standards for 2027-2031 model year vehicles sold in the U.S. These updated standards, while less stringent than initially proposed, will significantly affect the automotive industry.
The new regulations mandate an industry-wide fleet average of approximately 50.4 miles per gallon (mpg) by model year 2031 for passenger cars and light trucks. This requirement will necessitate substantial adjustments in vehicle design, manufacturing, and technology for automakers.
Exponent's expertise in vehicle engineering, regulatory compliance, and advanced driver assistance systems (ADAS) positions the firm to assist automotive clients in navigating these new standards. The company can provide critical consulting services to help manufacturers meet the evolving fuel economy requirements.
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