The 2010 fuel economy rule, developed with input from major automakers, environmental groups, and the states, will dramatically increase the energy efficiency of cars and trucks built in model years 2012 through 2016, saving 1.8 billion barrels of oil over the life of the program and the average consumer $3,000 in fuel costs.
In July, the administration plans to finalize the first-ever national fuel economy and greenhouse gas emission standards for commercial trucks, vans and buses built in 2014 to 2018. These standards are expected to save hundreds of millions of barrels of oil over the life of these vehicles and promote the development and deployment of alternative fuels, including natural gas. The administration is also developing the next generation of joint fuel economy/greenhouse gas emission standards for model year 2017-2025 passenger vehicles and expects to announce the proposal in September 2011.
The new labels will for the first time provide:
· New ways to compare energy use and cost between new-technology cars that use electricity and conventional cars that are gasoline-powered.
· Useful estimates on how much consumers will save or spend on fuel over the next five years compared to the average new vehicle.
· Easy-to-read ratings of how a model compares to all others for smog emissions and emissions of pollution that contribute to climate change.
· An estimate of how much fuel or electricity it takes to drive 100 miles.
· Information on the driving range and charging time of an electric vehicle.
· A QR Code that will allow users of smartphones to access online information about how various models compare on fuel economy and other environmental and energy factors. This tool will also allow consumers to enter information about their typical commutes and driving behavior in order to get a more precise estimate of fuel costs and savings.
The new labels are required by the Energy Independence and Security Act of 2007. (EPA)
More information about fuel economy
More EPA information on the new label
More DOT information on the new label