This legislation, known as the Setting Consumer Standards for Lithium-Ion Batteries Act , directs the Consumer Product Safety Commission (CPSC) to establish mandatory safety standards for lithium-ion batteries. Within 180 days of enactment, the CPSC must adopt specific UL standards—ANSI/CAN/UL 2271, 2849, and 2272—as final consumer product safety standards. These standards apply to batteries used in light electric vehicles, e-bikes, and personal e-mobility devices, with their application limited to consumer products as defined by existing law. The bill also establishes a mechanism for updating these standards, where revisions to the voluntary UL standards will automatically become consumer product safety standards unless the CPSC determines they do not enhance product safety. Furthermore, it requires the CPSC to submit a comprehensive report to Congress within five years, detailing fires, explosions, and other hazards associated with lithium-ion batteries in micromobility products. This report must include information on the source of incidents, product details, compliance with standards, and manufacturer information.