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US new vehicle fuel economy hits record high in 2022 -EPA
2023.12.20 13:35
© Reuters. FILE PHOTO: People drive their cars near Exxon and BP gas stations at the exit of the Holland Tunnel during the start of the Memorial Day weekend, under rising gas prices and record inflation, in Newport, New Jersey, U.S., May 27, 2022. REUTERS/Eduardo M
WASHINGTON (Reuters) – The fuel efficiency of the U.S. new vehicle fleet hit a record high in 2022 with the highest yearly improvement in nine years to an average of 26 miles per gallon (mpg), as the Detroit Three automakers continue to lag rivals.
Vehicles were up 0.6 mpg over 2021 after being flat over 2020, the Environmental Protection Agency said, noting electric vehicles and plug-in hybrid electric vehicles improved the average fuel economy by 1.2 mpg in 2022.
The report shows Tesla (NASDAQ:) sold additional emissions credits and General Motors (NYSE:) and Mercedes-Benz (OTC:) purchased credits in 2022.
