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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

Plug-in electric vehicles are promising and sales have started, but it will take time to reach very large volumes, and will likely require strong incentives over the coming decade to reach a fully competitive point. An alternative to a feebate that could raise similar revenue is raising fuel taxes by around $0.07 per liter ($0.26/gallon

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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

The International Energy Agency (IEA) has estimated that fuel consumption and emissions of CO 2 from the world’s cars will roughly double between 2000 and 2050. Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions. Vehicle taxes and incentives.