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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

Far better fuel economy from cost-effective conventional technologies can keep fuel demand steady and save close to half the CO 2 emissions from cars by this date. Over the same time frame, drivers of conventional cars will save about $2 trillion net from fuel economy improvements, or roughly $2,000 per vehicle.

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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.