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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. One is that consumers won’t directly see the fuel economy savings—all such savings are relative to a future that doesn’t happen—the “contrapositive” case. —GFEI working 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

In the United States, fuel consumption is considerably higher than the OECD average: doubling of tested fuel economy would mean moving from the current new car (and light truck) average of 26 mpg to 52 mpg (about 9 to 4.5 Vehicle taxes and incentives. Component standards, taxes and incentives. Fuel taxes.