article thumbnail

Study finds that increased vehicle travel and decreased occupancy have undercut the impact of improving fuel economy over last 40 years

Green Car Congress

Because changes in fuel economy take a long time to percolate through the entire fleet, an 18% reduction in fuel used by vehicles purchased in a given year (due to a 20% improvement in their fuel economy) would result in only about a 1% reduction of the fuel used by the entire fleet.

article thumbnail

BMW-Sixt car-sharing JV DriveNow launches in London; 30 i3s coming in 2015

Green Car Congress

Our aim is to expand it into about 15 more cities in Europe and about 10 in North America in the future. All costs such as fuel, taxes, insurance and parking charges are already included in London as well. This program is part of BMW Group’s strategic response to the growth in urban living and shared ownership.

London 210
article thumbnail

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

EVs will likely account for approximately 8% of new car sales in Europe by 2020, supported by consumers’ higher willingness to pay for green technologies, the region’s high emissions standards, and high gasoline and diesel fuel taxes.

CO2 246
article thumbnail

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

In Great Britain vehicles are heavily taxed via fuel taxes, the value added tax, registration fees and location specific congestion charges and the cumulative effect of these taxes can have a significant impact on a vehicle’s operating cost. The vehicle is slated to arrive at select Ford dealers in 2010.

Li-ion 150
article thumbnail

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

The report makes several recommendations that should be implemented to attain the 40-50% reductions in fleet fuel consumption and GHG emissions by 2050 that the overall assessment indicates are feasible in North America, Europe, and Japan.

MIT 150