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
NOVEMBER 8, 2013
The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. While this would be paid back by fuel savings, Fulton assues that to sell the cars, the full $500 billion would need to be offered as incentives to prospective buyers. For a PEV subsidy of $500 billion from 2015?2025,
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