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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

The global vehicle fleet is predicted to double by 2050 with 80% of that growth in the developing world. 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. For a PEV subsidy of $500 billion from 2015?2025,

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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

GFEI expects that the technologies required to improve the efficiency of new cars 30% by 2020 and 50% by 2030, and the efficiency of the global car fleet 50% by 2050, mainly involve incremental change to conventional internal combustion engines and drive systems, along with weight reduction and better aerodynamics. Fuel taxes.