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
NOVEMBER 8, 2013
The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. For a PEV subsidy of $500 billion from 2015?2025, 2025, this would require an average tax (or fee) of $500 per vehicle for all vehicles sold (projecting sales of 1 billion vehicles)—slightly higher if PEVs are not charged a fee.
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