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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).
This could see hundreds more zero-emission HGVs rolled out across the nation and save the industry money, due to overall running costs of green vehicles being cheaper than gasoline and diesel equivalents. Our road freight industry is one of the most efficient in the world and contributes over £13 billion to the UK economy each year.
Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”.
The US Environmental Protection Agency (EPA) and the US Department of Transportation (DOT) formally unveiled their joint proposal to set stronger fuel economy and greenhouse gas pollution standards for Model Year 2017-2025 passenger cars and light trucks. L/100km), if the vehicles were to meet this CO 2 level all through fuel economy.
For purposes of the new HD National Program, the heavy-duty fleet incorporates all on-road vehicles rated at a gross vehicle weight at or above 8,500 pounds, and the engines that power them, except those covered by the current GHG emissions and Corporate Average Fuel Economy standards for model year 2012-2016 passenger vehicles.
Greenlots, a member of the Shell Group and a provider of electric vehicle (EV) charging and energy management solutions, has installed charging infrastructure for a fleet of electrified commercial trucks as part of its ongoing partnership with Volvo Trucks. Heavy-duty fleets have unique charging characteristics and needs.
The report identified the nascent development stage of many commercial vehicle types and the high average cost of hydrogen-powered commercial vehicles—more than $70,000 globally in 2022—as key factors limiting adoption. —study co-author Olivia Williams.
The fleet of EVs on the road hits 77 million by 2025 and 229 million by 2030, based on BNEF’s Economic Transition Scenario. Sales of internal combustion engine vehicles already peaked in 2017 and BNEF expects the global fleet of ICE passenger vehicles to start to decline in 2024. million sold in 2021 to 21 million in 2025.
This deployment is one in a series that the BACC and its partners are facilitating to assist public agencies in incorporating electric vehicles (EVs) into their fleets. The 90 EVs will yield operational cost savings of more than $500,000 and avoidance of 2 million pounds of CO 2 over five years, according to BACC.
The enhanced D13 Turbo Compound (D13TC) engine from Volvo Trucks is now standard on all Volvo VNL models, providing enhanced fuel efficiency and reducing overall cost of ownership. Dynamic torque integrates seamlessly with all three available drive modes: performance, economy, and extra economy.
Hyundai will support the construction cost of the hydrogen refueling station while providing up to 12 fuel cell electric buses as well as their maintenance and service. The partnership across industries will be a stepping stone in bringing the hydrogen economy closer to daily lives. Hyundai fuel cell bus.
That document compared the expected environmental impacts of a delivery fleet with 10% battery-electric vehicles and 90% gasoline-powered trucks (called the ICEV scenario for internal-combustion engine vehicles) to a fleet with 100% battery-electric vehicles (called the BEV scenario). Maxwell Woody, Parth Vaishnav, Michael T.
l/100 km) in 2016, the The ICCT team assessed increased consumer label fuel economy (as opposed to the regulatory test fuel economy) to 35 mpg (6.71 The resulting trajectory would reduce CO 2 emissions by half and increase fuel economy by more than 60% from 2016 through 2030. Starting from a baseline 26 mpg (9.04
GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). 2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). Milovanoff et al.
More vehicle deliveries are planned for the future in order to further expand Amazon's electrically operated fleet. StreetScooter’s Made-in-Germany e-vans not only proved their ability to handle the heavy demands of last-mile delivery, but scored points for economy and ROI as well. Mercedes-Benz e-Vito van.
The study provides a comprehensive lifecycle analysis (LCA), or cradle-to-grave (C2G) analysis, of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways, as well as the levelized cost of driving (LCD) and cost of avoided GHG emissions. and to simulate fuel economy over various driving cycles.
They also found that the total costs of ownership (TCO) of the electric and diesel trucks are similar. Given the same drive cycle and thus the same vehicle efficiency, the electric truck would be more attractive to fleet operators with high truck utilization (VKT demand), of course within the electric drive. Credit: ACS, Lee et al.
The US Environmental Protection Agency (EPA) and US Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) released their long-expected notice of proposed rulemaking (NPRM) to adjust the Congressionally-mandated Corporate Average Fuel Economy (CAFE) and Light-Duty Vehicle Greenhouse Gas Emissions Standards.
T&E performed a total cost of ownership calculation that includes external costs on health (air quality and noise) and climate (GHG emissions), including inputs from CE Delft. When these estimated externalities are factored in, electric buses show a lower 8-year total cost of ownership than diesel, T&E said. VDL: 500 units.
Switching from diesel fuel to natural gas may hold advantages for the US heavy-duty trucking fleet, but more needs to be done to reach the full environmental benefits, according to a new white paper released by the Institute of Transportation Studies at the University of California, Davis, and Rice University. Economic and other findings.
We are also excited to build on our strong relationship with Navistar, which dates back 80 years, and work together to lower costs and make hydrogen-powered vehicles more accessible for fleets to adopt. —Amy Davis, Vice President and President, New Power at Cummins.
Range’s electric-powered trailers hook up to any diesel-powered truck today, providing fleet owners 30-40% better fuel efficiency as they aim to meet new regulations and bring down their cost-per-mile. Range’s platform also works as a mobile power unit.
The overarching aim of the Current Direct project is to develop and demonstrate an innovative interchangeable waterborne transport battery system and Energy-as-a-Service (EaaS) Platform in an operational environment at the Port of Rotterdam at TRL7 that facilitates fast charging of vessels, fleet optimization and novel business models.
BNEF expects there to be 508 million passenger EVs on the road globally by 2040; including commercial EVs, this brings the BNEF 2040 EV fleet size forecast to about 550 million. Compared to other major organizations, BloombergNEF continues to hold the most aggressive view on EV adoption.
The US Department of Energy (DOE) Fuel Cell Technology Office (FCTO) has released the latest edition of an annual report showing that the average fuel economy of fuel cell electric buses from three fleets is 6.8 miles per DGE) from one fleet and up to 1.9 miles per DGE) in another fleet. kg for the three evaluated fleets.
Van Hool is ready to provide a response to the ever-growing demand from public transport companies that are focusing on ‘greening’ their fleets. Our customers are focusing on greening their fleets and are pursuing zero emissions. This way, Van Hool is making an important contribution to the circular economy.
By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. billion, as the world’s population grows and more people in developing economies are able to afford cars. However, looking ahead, about 80% of the growth in the global fleet will come from non-OECD countries.
The company expects the deal will accelerate the adoption of its technology, which it says will be in fleet trials with bus operators later this year through an agreement with bus constructor Wrightbus. M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says.
Researchers at Georgia Tech have compared medium-duty (MD) electric and diesel urban delivery trucks in terms of life-cycle energy consumption, greenhouse gas (GHG) emissions, and total cost of ownership (TCO). One surprise among their findings was that the electric truck had cost advantages over the diesel vehicle under some conditions.
Is transitioning to more electric vehicles (EVs) good or bad for the economy overall? Individuals who can afford the initial cost of an EV substantially reduce their carbon footprint while enjoying an average of $2,200 annually in fuel and maintenance savings. The post Are Electric Vehicles Good or Bad for the Economy?
EV Market Stimulation in Divested Economies. Rural Reimagined: Building an EV Ecosystem and Green Economy for Transforming Lives in Economically Distressed Appalachia. AOI 3: Reducing the Cost of DC Fast Charging Equipment. Technology & Design Innovations to Maximize the Reduction Effect on DCFC Unit Cost Economics (Max-REDUCE).
areas of inquiry: The potential impact of climate change policies on global fleet composition, fuel consumption, fuel prices, and economic output. The EPPA model provides economy-wide coverage of the world, disaggregated into 18 regions, and solves at five-year increments. Armstrong, a professor of chemical engineering at MIT.
This reduces the work done by the internal combustion engine, improving fuel economy by up to 25%, depending on the application. The Gyrodrive system is a lower cost alternative to conventional battery hybrids. The upfront investment is a fraction of the cost of existing hybrids. The electric flywheel started life in motorsport.
Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.
Ridesourcing vehicles’ high use intensity is economically attractive for electric vehicles, which typically have lower operating costs and higher capital costs than conventional vehicles. Private and external costs of energy inputs vary across cities. —Bruchon et al. Source: Bruchon et al.
A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al.
Over the next decade, as battery pack prices decrease, electric drivetrain efficiencies improve and significant economy of scale savings are realized on the cost of electric components and vehicle manufacturing, it will become a competitive advantage for companies to operate electric vans as they will offer the lowest cost solution.
Do they receive HOV access for their improved fuel economy and ultra low emissions? During his presentation at the TDI Efficiency Rally, UMTRI researcher Bruce Belzowski first presented a summary of his analysis of the total cost of ownership of diesels with a comparison to that of their gas vehicle counterparts. Earlier post.).
The undetectable and seamless transitions have the Crown Hybrid EPA fuel economy rated at 42 mpg city/41 highway/41 combined. Fuel economy numbers reported by Clean Fleet Report are non-scientific and represent the reviewers driving experience using the dash gauge computer. Story by John Faulkner.
The EU’s fleet requirements for trucks call for a reduction of CO 2 emissions by 15% on average by 2025, and 30% by 2030. But for this to happen, the cost of fuel-cell systems needs to be progressively reduced. The biggest cost item is the stack, which accounts for nearly two-thirds of the total cost of a fuel-cell system.
Motiv Power Systems (Motiv), a leading provider of all-electric medium-duty fleet chassis, has begun deliveries of Ford E-450-based all-electric walk-in vans to the United States Postal Service (USPS). We’re proud to now be a part of USPS’ long tradition of implementing the latest technology to green their fleet.
million is for the development of an integrated fuel cell electric powertrain for heavy-duty trucks and transit buses with operational performance and total cost of ownership that supports near-term, rapid, and substantial penetration of the truck and bus market. The first award for approximately $3.5
GM proposed that its flexible and modular approach to EV development will drive significant economies of scale and create new revenue opportunities, including: Continuous improvement in battery costs: GM’s joint venture with LG Chem will drive battery cell costs below $100/kWh.
If you’re a fleet management provider or original equipment manufacturer (OEM) preparing to switch to an EV solution, you’re ahead of the curve. EV fleet charging is experiencing its very own surge, with fleet charging expected to become a $15-billion market by 2030. Transparent Energy Management What’s your charging strategy?
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