SEMA CEO Testifies in Opposition to EPA Proposed Emissions Standards
SEMA President and CEO Mike Spagnola testified before the U.S. Environmental Protection Agency (EPA) in opposition to the agency’s recently proposed new federal emissions standards for motor vehicles model years '27 to '32, which are intended to dramatically increase sales of electric vehicles (EVs). The EPA maintains its proposal would lead to electric vehicles making up two-thirds of new passenger vehicles sold in the United States by 2032. Click here to learn more about the EPA’s proposal.
“SEMA and its members have serious concerns with this proposal, which aggressively seeks to lower carbon emissions under timelines that effectively make electric vehicles the de facto choice option for automakers to meet the requirements,” said Spagnola. “Government shouldn’t pick winners and losers. This far too fast mandate will create a seismic shift for small businesses who don’t have the capacity to make the shift this quickly, especially when they’re not receiving billions in government funds like the large automakers are to fund their electric vehicle programs. To put this in perspective, 33% of consumer spending on performance and accessory products goes toward upgrading ICE engines and drivetrains. That's nearly $17 billion dollars of the $51 billion specialty aftermarket industry. That’s $17 billion of impact largely on small business.”
For more information, visit sema.org/EPA-Proposed-Greenhouse-Gas-Rules.