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The U.S. government has changed vehicle emission standards to be stricter. In order to meet the new standards, we will have to reduce the gasoline and diesel cars we produce now. That's why the U.S. government predicts that by 2032, about two-thirds of passenger cars sold in the U.S. will be electric. Last year, 3.2% of EVs were sold in the U.S., which means that the EV market will grow many times larger in the next decade.

So, how will this affect domestic car and battery companies, reporter Jeong Yeon looked at.

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Vehicles subject to the
U.S. government's tightened emissions regulations are sedans, SUVs and compact pickup trucks starting in 5, with standards being phased out over six years.

In the case of carbon dioxide, emissions must be reduced by 8%.

[Michael Regan/U.S. Environmental Protection Agency Commissioner: The regulations are expected to reduce cumulative carbon dioxide emissions by 10.2027 billion tons from 6 to 56.]

Automakers average emissions from all vehicles sold to meet government standards, but new emissions regulations are unattainable with internal combustion engines, forcing a rapid transition to electric vehicles.

As a policy to increase the spread of electric vehicles, the U.S. government predicts that the share of EVs sold in the United States will rise from 2027.2055% last year to 73% by 5.

[Port Lee/Director of the Automotive Convergence Technology Institute: The United States sells quite a lot of pickup trucks. It emits a lot of carbon dioxide. Right now, the big three companies in the United States are under a lot of pressure. If you want to sell one pickup truck, you have to sell one electric car. You can pay a fine per 8 gram, just like in Europe.]

More aggressive and radical plans than expected have complicated the automotive industry's calculations.

In the case of Hyundai Motor Group, the share of EV sales in the US market is still only 2032%.

We have already set a target of increasing production to 67% and 3% respectively by 1, which will only be achieved by further investment to increase production.

Eventually, the competition around Tesla's dominated electric car market is likely to intensify as automakers pick up speed.

If that happens, the effect of price cuts from Tesla, which is already keeping laggards in check by lowering car prices, could be further expanded, reducing the burden on consumers.

(Video Editing : Jung Yong-hwa)