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

Green Car Congress

He points out that because of high fuel taxes and the resulting high cost of gasoline in Europe, the existing fleet of passenger cars there is already more efficient than the US fleet, so implementing stringent fuel efficiency standards would be more costly for Europe.

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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

Assuming the China government remains committed to EVs, BCG expects that these vehicles will represent 7% of new vehicle sales in 2020, supported by car buyers’ enthusiasm for the technology and the country’s high gasoline taxes. Source: BCG. Click to enlarge. The consumer.

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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. In 2019, 63 percent of global electricity was produced from fossil-fuel sources, the exact nature of which varies substantially among regions. EVs have finally come of age. passenger vehicles.