Overview. On July 18, 2016, NHTSA, EPA, and CARB completed the first step in the mid-term evaluation process for CAFE and GHG emissions standards for model years 2022-2025 by issuing a Draft Technical Assessment Report (TAR).The Draft TAR evaluates fuel economy improvements made in response to CAFE and GHG emissions standards so far, and how Corporate Average Fuel Economy (CAFE) standards were first issued in 1975 by NHTSA “to provide for improved energy efficiency of motor vehicles….” 1; CAFE standards are expressed in miles per gallon and establish an average fuel economy standard to be achieved by the fleet of vehicles produced by auto manufacturers in a given model year Assume a vehicle owner drives his light vehicle 15,000 miles per year, if that owner trades in the vehicle with fuel economy of 15 mpg for one with fuel economy of 20 mpg, the owner’s annual fuel consumption would drop from 1,000 gallons to 750 gallons — saving 250 gallons annually. Federal Reserve boosts interest rates, and other MoneyWatch headlines 01:08. The so-called Corporate Average Fuel Economy, or CAFE, standards may be a mouthful, but it’s fair to say that all (NHTSA) issued the final rule of the corporate average fuel economy (CAFE) standards for MYs 2024–2026 for passenger cars and light trucks.2 These rules revise the Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule for Model Years 2021–2026 Passenger Cars and Light Trucks that were issued by NHTSA and EPA in March 2020.3 The new CAFE standards apply to model years 2024 and 2026, requiring an industry-wide fuel economy average of approximately 49 miles per gallon (mpg) for passenger cars and light trucks for model attribute-based corporate average fuel economy (CAFE) standards that are based on a mathematical function. For purposes of MYs 2012-2016, as for MY 2011 passenger cars and MYs 2008-2011 light trucks, the CAFE standards have been based on vehicle footprint.2 The New Corporate Average Fuel Economy (CAFE) standards were recently passed in the United States with the twin goals of reducing greenhouse gas emissions and oil use. The new standards represent a … Expand That document proposed new Corporate Average Fuel Economy (CAFE) standards for passenger cars and light trucks to be manufactured in model years (MYs) 2027–2032, and new fuel efficiency standards for heavy-duty pickup trucks and vans (HDPUVs) to be manufactured in MYs 2030–2035. The Administration’s combined efforts represent the first meaningful update to fuel efficiency standards in decades. Together, they will save American families more than $1.7 trillion dollars in fuel costs, resulting in an average fuel savings of more than $8,000 by 2025 over the lifetime of the vehicle. pCuU.