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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

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Plug-in electric vehicles are promising and sales have started, but it will take time to reach very large volumes, and will likely require strong incentives over the coming decade to reach a fully competitive point. Fuel Efficiency Plug-ins Policy'

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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

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It was authored by the International Energy Agency (IEA), in collaboration with International Council on Clean Transportation (ICCT), and was funded by the FIA Foundation, through GFEI. Higher improvement rates were also seen in markets with higher shares of electrified vehicles (hybrid, plug-in hybrid and battery electric).

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UNEP, IEA, ITF and FIA Foundation to Launch Global Fuel Economy Initiative (GFEI)

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To achieve a 50% improvement in new cars by 2030, the main additional measures would be full hybridization of a much wider range of vehicles (possibly including, but not requiring, plug-in hybrid vehicle technologies).

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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

Main additional measures would be full hybridization of a much wider range of vehicles (possibly including, but not requiring, plug-in hybrid vehicle technologies). Click to enlarge. litres per 100 km).