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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 global vehicle fleet is predicted to double by 2050 with 80% of that growth in the developing world.

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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

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Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. Overall, global fuel economy has improved by an average of 1.7% Source: GFEI. in the past two years.

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UNEP, IEA, ITF and FIA Foundation to Launch Global Fuel Economy Initiative (GFEI)

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A partnership of the UN Environment Programme (UNEP), the International Energy Agency (IEA), the International Transport Forum (ITF) and FIA Foundation is launching the Global Fuel Economy Initiative (GFEI) at the upcoming Geneva motor show.

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

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The IEA and ITF have developed a range of projections of possible “business-as-usual” scenarios around this, indicating the potential for a doubling (or more) of vehicle kilometers travelled (VKT) combined with modest improvements in vehicle fuel economy. Click to enlarge. litres per 100 km). litres per 100 km).