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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

Green Car Congress

Toyota Financial Services (TFS) issued its first euro-denominated unsecured Green Bond today, expanding its commitment to the sale of environmentally friendly vehicles.

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EPA Trends on EVs and PHEVs; beginning of a “measurable and meaningful impact” on new vehicle fuel economy and emissions

Green Car Congress

The agency’s reasoning was that since alternative fuel vehicle production has generally been less than 0.1% of total vehicle production until very recently, the impact of excluding alternative fuel vehicles was negligible. Fuel economy average for the US fleet, per the Trends report, is 24.1 Click to enlarge.

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Obama Announces New National Fuel Policy; Two Harmonized Standards, with Fleet Average of 35.5 mpg, 250 gCO2/mile by 2016

Green Car Congress

The resulting new standards will cover model years 2012-2016, and will require an average fuel economy standard of 35.5 mpg in 2016 (39 mpg for cars, 30 mpg for trucks), or approximately 250 grams CO 2 /mile. The CAFE program established by the EISA 2007 legislation specified a minimum 35 mpg in 2020.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Road Test: 2022 Genesis G70 RWD 3.3T

Clean Fleet Report

V6 with rear-wheel drive, we hit 60 miles per hour in 4.6 Out on the freeway, Comfort provided a comfortable ride and was preferred to Eco, where the acceleration response, gearshift points and air conditioning were reduced to get the best fuel economy. The mpg ratings are for city/highway/combined. A robust V6. RWD 21/31/24.

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Increased sales for hybrids and PHEVs. Despite the projected increase in LDV miles traveled, energy consumption for LDVs further decreases after 2025, to 13.0 Beyond 2035, LDV energy demand begins to level off as increases in travel demand begin to exceed fuel economy improvements in the vehicle stock. Overall findings.

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EPAs GHG Standards for Light-Duty Vehicles; Special Credits To Encourage PHEVs, BEVs and FCVs

Green Car Congress

Yesterday, the US Environmental Protection Agency (EPA) and the National High Traffic Safety Administration (NHTSA) jointly established increasingly stringent greenhouse gas emission standards under the Clean Air Act for 2012 through 2016 model-year vehicles and fuel economy standards under the Corporate Average Fuel Economy program, respectively.

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