Remove Environment Remove Price Remove Tax Remove The Fia Foundation
article thumbnail

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

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. Thus a $500 tax would still allow consumers to keep 3?4 For a PEV subsidy of $500 billion from 2015?2025, 4 of fuel economy-related savings.

article thumbnail

Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

Green Car Congress

Given consumer aversion to risk, and the presence of risks such as fluctuating fuel prices, manufacturers will not invest in new technology unless they are sure of selling cars equipped with it. Vehicle taxes and incentives. Component standards, taxes and incentives. Fuel taxes. Labelling.