Trading Compliance Credits for Cash
This time, it involves the exaggeration of electric car efficiency by the U.S. government. A little-known fact, revealed in the Federal Register, allows carmakers to inflate the efficiency of electric vehicles by a factor of 6.67.This inflated figure is not simply a boastful statistic. It serves as a conduit for carmakers to accumulate compliance credits, which can then be traded for cash
Exaggerated Electric Car Efficiency: A New Scandal in the Automotive Industry
The automotive industry faces another scandal involving the exaggeration of electric car efficiency by the U.S. government, highlighting a loophole that allows manufacturers to inflate efficiency figures.
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