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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

Green Car Congress

It was authored by the International Energy Agency (IEA), in collaboration with International Council on Clean Transportation (ICCT), and was funded by the FIA Foundation, through GFEI. Average new LDV fuel economy (liters gasoline equivalent per 100 km (L ge /100 km) by country or region (2005-17) and new registrations (2017).

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

Green Car Congress

To achieve a 50% improvement in new cars by 2030, the main additional measures would be full hybridization of a much wider range of vehicles (possibly including, but not requiring, plug-in hybrid vehicle technologies). This would also depend on the provision by the electricity sector of low-CO 2 electricity.

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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

Main additional measures would be full hybridization of a much wider range of vehicles (possibly including, but not requiring, plug-in hybrid vehicle technologies). The International Energy Agency (IEA) has estimated that fuel consumption and emissions of CO 2 from the world’s cars will roughly double between 2000 and 2050.