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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

Such a system will not only help people understand the combined economics better but provide a very clear price incentive for fuel economy and for PEVs, and may be more publicly acceptable (even popular, as feebates already have proven to be in some countries). —GFEI working paper. per liter ($0.26/gallon

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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

Reasons for this consumer reluctance adduced by the report include: Many technologies that can improve fuel economy can instead be used to increase the power of vehicles, a traditionally strong selling point for cars. The report cites a number of policy options to support achieving the goal, including: Fuel economy or CO 2 emission standards.