Breakingviews - Electric cars get a reality check

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Breakingviews - Electric cars get a reality check
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From Breakingviews - Electric cars get a reality check

will lower electric mileage ratings – but could encourage automakers to ditch fossil fuels more quickly.

Carmakers that serve the U.S. market tot up the average mileage per gallon of fuel, or a theoretical equivalent for non-gas vehicles, for their entire output in a given year. The result is their Corporate Average Fuel Economy, or CAFE. Automakers must meet a minimum overall CAFE mileage; falling short results in penalties.

Thanks to their inflated mileage, selling relatively few EVs pulls up a manufacturer’s overall CAFE rating dramatically. Giving too much credit for producing a handful of electrified models – General Motors

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