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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

In our study we focus on cars, while the EU also imposed the emission targets for vans (which account for around 10% of the EU market for light-duty vehicles) and considered a strategy to reduce CO 2 emissions from trucks, buses, and coaches.

Standards 218
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

As a result, BCG concludes, the electric car faces stiff competition from ICEs (internal combustion engines) and, based solely on total cost of ownership (TCO) economics, will not be the preferred option for most consumers. BCG expects these to be mainstream across most passenger-car segments in all major markets. Source: BCG.

CO2 246
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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. With all this, consumers and policymakers alike are hopeful that society will soon greatly reduce its carbon emissions by replacing today’s cars with electric vehicles. EVs have finally come of age.