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
NOVEMBER 8, 2013
While this would be paid back by fuel savings, Fulton assues that to sell the cars, the full $500 billion would need to be offered as incentives to prospective buyers. Over the same time frame, drivers of conventional cars will save about $2 trillion net from fuel economy improvements, or roughly $2,000 per vehicle. per liter ($0.26/gallon
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