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
Lew Fulton, Co-Director, NextSTEPS Program at the Institute of Transportation Studies, University of California at Davis. The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. For a PEV subsidy of $500 billion from 2015?2025, —GFEI working paper. per liter ($0.26/gallon
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