article thumbnail

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. per year between 2015 and 2017. Overall, global fuel economy has improved by an average of 1.7% in the past two years. L ge /100 km.

Global 308
article thumbnail

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

Meanwhile, significant gains in vehicle fuel economy over the coming decades are possible and very much needed globally in order to address pressing issues of climate change, energy security and sustainable mobility. The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025.