Cash For Clunkers Engine International Oil Prices 
Green Car Congress
APRIL 30, 2009
For every kJ of chemical energy in the fuel for a spark ignition internal combustion engine, 73 % is sacrificed to chemical and thermal losses. A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. the 4 cylinder engine may go from a 20% take rate to a 25% take rate). Cash for Clunkers.
Wallbox
JANUARY 4, 2021
Silent engines, positive impact on the environment, and decreased fuel costs are all reasons for this transition to EVs. Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. Car manufacturers have already pledged over $2.5
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