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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The table below shows all available average monthly prices for 2022. Month (2022).

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Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

Green Car Congress

This brief analysis examines the relative cost of the energy from milk and gasoline. The average price of conventional (not organic) whole milk in September 2020 was $3.56 Therefore, the cost of 1,000 Btu from conventional whole milk was $0.37. The average price of regular gasoline in September 2020 was $2.183 per gallon.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

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Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. The trend is consistent with steady growth in availability and affordability.

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Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

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While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.

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DOE: all-electric vehicles have the lowest estimated average annual fuel cost of all light-duty vehicles

Green Car Congress

Conventional gasoline vehicles for MY 2019 have estimated annual fuel costs ranging from $1,000 to $4,100—the widest range, with the most vehicle models available. All annual vehicle fuel costs are rounded to the nearest $50. These prices vary widely by region, with regular gasoline an average $3.86 regular gasoline; $3.00

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Benchmark launches Li-ion Battery Raw Material Price Index

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Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. Benchmark assembles the index using its market-leading price assessments including the IOSCO-accredited lithium, nickel, and cobalt prices. NCM Mid-Nickel (5, 6, and 7 series blends, e.g., NCM 523, NCM 622). Nickel sulfate (CIF Asia).

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. As a result, investment decisions are becoming increasingly complex.

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