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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

2025, this would require an average tax (or fee) of $500 per vehicle for all vehicles sold (projecting sales of 1 billion vehicles)—slightly higher if PEVs are not charged a fee. Thus a $500 tax would still allow consumers to keep 3?4 For a PEV subsidy of $500 billion from 2015?2025, 4 of fuel economy-related savings.

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Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

Green Car Congress

Vehicle taxes and incentives. Component standards, taxes and incentives. Fuel taxes. The GFEI will work in this area, leveraging the International Energy Agency’s Mobility Model and data system, and on-going analysis efforts by both the International Transport Forum and the UNEP-led Partnership for Clean Fuels and Vehicles.