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GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

Plug-in electric vehicles are promising and sales have started, but it will take time to reach very large volumes, and will likely require strong incentives over the coming decade to reach a fully competitive point. The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. per liter ($0.26/gallon

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Choice: 150 different plug-in hybrids and pure electric vehicles are available worldwide, with that number set to rise to over 240 by 2021.

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

The obvious one is increased fuel taxes, but somehow governments need to make sure the benefits of better technology aren’t wiped out by increased demand for lower-priced fuel. Delayed implementation in the EU27 of the Baseline objective (130 g/km) until 2015. Jos Dings, T&E Director.

Oil 150
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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008.

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

2018 257
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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2. R&D as above, plus a €3,000/vehicle (US$3,900) purchase subsidy is available for plug-in hybrid and battery electric vehicles. R&D plus fuel cell electric vehicle subsidy.

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Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

Green Car Congress

These take into account an improvement in the fuel efficiency of new cars based on existing fuel economy regulations, mainly in OECD countries, with improvements slowing in most regions after 2015. Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions.