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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

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.

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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

Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions. Vehicle taxes and incentives. Component standards, taxes and incentives. Fuel taxes. Policy Development.