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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

Increasingly efficient conventional combustion-engine vehicles will be key in moving towards a low carbon future, according to the GFEI. An alternative to a feebate that could raise similar revenue is raising fuel taxes by around $0.07 —GFEI working paper. per liter ($0.26/gallon gallon US), according to the paper.

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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

GFEI expects that the technologies required to improve the efficiency of new cars 30% by 2020 and 50% by 2030, and the efficiency of the global car fleet 50% by 2050, mainly involve incremental change to conventional internal combustion engines and drive systems, along with weight reduction and better aerodynamics. Fuel taxes.