Remove Economy Remove Financing Remove Fuel Economy
article thumbnail

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

article thumbnail

US EPA rates Nissan LEAF fuel economy as 99 mpg-equivalent (combined); 73-mile range

Green Car Congress

The new fuel economy label also notes consumption of 34 kWh per 100 miles. EPA fuel economy label for the LEAF. The label also puts the LEAF as best in the mid-size car class in terms of fuel economy, greenhouse gas emissions, and emissions of criteria pollutants. Click to enlarge.

article thumbnail

Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'

Obama 249
article thumbnail

Magnetic eCVT could replace conventional hybrid mechanical eCVT with likely 1-2% fuel economy improvement and other benefits

Green Car Congress

million) was provided by IP Group which was matched by Finance Yorkshire. In 2012 Magnomatics secured £2.5 million (US$4.1 million) funding to develop magnetically geared motors and generators for the hybrid and electric vehicle market. million (US$1.7 Fusion IP also invested £366,000 (US$602,000) in the technology.

article thumbnail

DOE not proceeding with ATVM loan for Carbon Motors; company exploring strategic and financing alternatives

Green Car Congress

The Advanced Technology Vehicles Manufacturing Loan Program, first appropriated in the fall of 2008, was to provide about $25 billion in loans to companies making cars and components in US factories that increase fuel economy at least 25% above 2005 fuel economy levels.

Financing 231
article thumbnail

BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

According to BNEF, developed countries and multilateral institutions should include electric vehicle investments, incentives and charging infrastructure deployments in their international climate finance plans, making capital available to emerging economies that have credible plans to develop this sector.

article thumbnail

XL Hybrids, Henley Transmission Services partner to certify AAMCO for hybrid conversion installation, servicing

Green Car Congress

The technology improves a vehicle’s US Environmental Protection Agency (EPA) city fuel economy by 25%, providing a three-year payback in heavy use fleet applications, or immediate savings when combined with vehicle financing, according to XL.