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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

Monthly data from the EIA shows that crude oil is 60% of the price of gasoline, 17% is refining costs, 12% is federal and state taxes, and 11% is distribution and marketing. Refined product prices are set by the marginal supply costs of bringing the incremental barrels of products to market.

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

Green Car Congress

A newly released analysis produced by Beacon Economics for the nonprofit, nonpartisan think-tank Next 10 has found that California’s zero-emission vehicle (ZEV) market is on track to meet or exceed a target of 1.5 million ZEVs on California’s roads by 2025. As of October 2017, 337,483 ZEVs have been sold in California.

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UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

A team of transportation and policy experts from the University of California released a report to the California Environmental Protection Agency (CalEPA) outlining policy options to significantly reduce transportation-related fossil fuel demand and emissions.

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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

Lew Fulton, Co-Director, NextSTEPS Program at the Institute of Transportation Studies, University of California at Davis. Over the same time frame, drivers of conventional cars will save about $2 trillion net from fuel economy improvements, or roughly $2,000 per vehicle. Thus a $500 tax would still allow consumers to keep 3?4

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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. In the United States, for example, there are more than 49,000 public charging stations , and it is now possible to drive an EV from New York to California using public charging networks.