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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”. Fuel Costs.
GlobalData’s analysis suggests that low oil prices will lead to a longer waits for the reduced fuel costs offered by electric vehicles (EVs) to amortize their higher purchase prices. However, the amount of time taken to make up that price differential depends on the cost of fuel. —Mike Vousden, Automotive Analyst at GlobalData.
The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The Indy fleet would be the largest municipal fleet of electrified vehicles in the US. million over ten years.
The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. The differential in the cost of the fuels determines the payback on this additional equipment (currently between 2.5 and 6 years, depending on the vehicle).
The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electric vehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. Earlier post.).
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. This will begin with demonstrations of battery electric and hydrogen fuel cell heavy-duty trucks.
UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. —Carlton Rose, President, Global Fleet Maintenance and Engineering for UPS.
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). Resources.
This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets. The Gen 4 model achieves 61 MPGe on certified dyno testing, compared to 13 MPG for the gasoline version. —Tim Reeser, CEO of Lightning eMotors.
In its analysis of the potential environmental impacts of the Next Generation Delivery Vehicle program, the Postal Service underestimated the expected greenhouse gas emissions from gasoline-powered vehicles and overestimated the emissions tied to battery-electric vehicles, according to U-M researchers. Craig, and Gregory A. 2c02520.
Drivers of diesel vehicles can save thousands of dollars in total ownership costs compared to similar gasoline vehicles, according to a University of Michigan Transportation Research Institute (UMTRI) study. —UMTRI researcher Bruce Belzowski. Belzowski and UMTRI colleague Paul E. —Bruce Belzowski.
A new Ford Motor Company-sponsored poll of 6,000 people across Europe found that most Europeans remain committed to car ownership, but have growing concerns about traffic congestion, the cost of driving and the environment. By comparison, 66% of those polled have owned a gasoline engine vehicle and 38% have owned a diesel engine vehicle.
In a companion study to an SAE paper presented in April ( earlier post ), researchers at MIT have quantified the net economic and CO 2 emissions benefit that could be obtained by utilizing 98 RON gasoline in light-duty vehicles, based on reasonable assumptions for possible refinery changes and the evolution of the LDV fleet.
A report published by Cambridge Econometrics and Ricardo-AEA concludes that overall, the cost of technologies required to meet proposed European 2020 CO 2 regulations for vehicles (95 g/km for cars and 147 g/km for vans) will be more than offset by the resultant fuel savings. Source: Cambridge Econometrics.Click to enlarge.
In a new study published in the journal Applied Energy , Carnegie Mellon University (CMU) researchers found that controlled charging of plug-in hybrid electric vehicles (PHEVs) reduces the costs of integrating the vehicles into an electricity system by 54–73% depending on the scenario.
Michelin and Siemens, in cooperation with research partners at Karlsruhe Institute of Technology (KIT) and the Fraunhofer Institute for Systems and Innovation Research ISI, are launching a project to demonstrate that the total cost of electric vehicles can be less than that of a conventional combustion-engined car.
The project—the Controlled Hydrogen Fleet and Infrastructure Validation and Demonstration Project, also referred to as the National Fuel Cell Electric Vehicle (FCEV) Learning Demonstration—met its key technical targets, the NREL report said. 3/gallon gasoline equivalent (gge) hydrogen production cost (based on volume production).
Cool Planet Energy Systems projects that using its patented mechanical process and novel scaling approach ( earlier post ), it will be able to produce high-octane carbon-negative (with the use of its bio-char byproduct) renewable gasoline at a cost of $1.50 The control car used 100% regular gasoline. earlier post ).
Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. Those people who purchase electric vehicles because of the tax credit use less gasoline and produce fewer emissions of greenhouse gases than would otherwise be the case. Source: CBO.
Customer interest is growing quickly in Con Edison’s PowerReady program, which offers incentives covering up to 100% of the infrastructure costs of installing new chargers. Electrifying Con Edison’s Fleet of Vehicles. NYC DOT aims to create a network of 1,000 curbside chargers by 2025, and 10,000 by 2030.
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. Levelized cost of driving (LCD). no scenario analysis.
A pair of researchers at the University of Michigan have used “big data” mining techniques to evaluate the impact of adopting plug-in electric vehicles (PEVs) in the Beijing taxi fleet on life cycle greenhouse gas emissions based on the characterized individual travel patterns. —Cai and Xu. g CO 2 -eq/km traveled. g CO 2 -eq/km.
While compressed natural gas (CNG) will play a role, particularly for high-mileage fleets, the report suggests that the chemical conversion of gas into some form of liquid fuel may be the best pathway to significant market penetration. emissions are reduced by around 25% relative to the use of gasoline for the same engine efficiency.
ZEV Fleet Co., ZEV Fleet All Electric Step Vans (Class 2). ZEV Fleet plans to demonstrate a Total Cost of Ownership (TCO) model, by leasing an all-electric step vans to last-mile delivery fleets using AC & DC Charging. a subsidiary of ZEV Station, was also launched at the ribbon cutting.
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.
A CNG vehicle, such as a taxi, bus or small truck, can then refill its tank using a traditional fuel dispenser, much like those used for diesel or gasoline refueling. The fuel dispenses at a rate of about 7 gasoline gallon equivalent per minute. gasoline gallon equivalent. gallon and CNG at $2.09/gasoline
As more fleets go all-electric at a large scale, they’re starting to understand that how EVs are managed can have a big impact in the long-term payoffs—both in money and ownership costs and also in greenhouse gas emissions.
notes that those results assume that bioelectricity generation displaces gasoline. Instead, they argue, under existing institutional and technical arrangements, bioelectricity production does not cause a reduction in gasoline use. A 2009 life cycle analysis by Campbell et al. Earlier post.) Background: Two Styles of LCA.
Additionally, the low volumetric density of natural gas (~30% less energy by volume than gasoline) limits range, and makes cost-effective storage solutions a significant challenge. Low-pressure compressors are a fraction of the cost of high compression systems. Earlier post.). Natural gas has huge benefits.
Currently, the OCTA Vanpool program has 164 active vehicles, most of them that run on gasoline, and now the first all-electric vehicle, with more expected to be added to the fleet. OCTA helps cover approximately 25% of the cost of operating the vanpools each month. Photo courtesy of the Orange County Transportation Authority.
In a new report , Navigant Research forecasts that US military spending on alternative drive vehicles (ADVs—including hybrid electric vehicles (HEVs), plug-in electric vehicles (PEVs), and ethanol-powered vehicles—for the non-tactical fleet will increase from more than $435 million in 2013 to $926 million by 2020, a CAGR of 11.4%.
To achieve the reduction, Westport worked with its suppliers to lower the cost of components, while maintaining quality and performance standards. Announced in 2011 and now in full production, the Westport WiNG System powers Ford’s F-250 and F-350 trucks with a bi-fuel system (CNG and gasoline).
has received Letters of Intent from fleets totaling 2,150 of the Workhorse W-15 range-extended electric pickup trucks. The W-15 has been designed to reflect features and benefits that we believe fleets want today. The 80 mile range is designed to cover the majority of the miles driven in a day by fleets. Workhorse Group Inc.
A new study concludes that using ethanol can be a cost-effective approach to increasing the octane rating of the US gasoline pool. A number of studies recently have pointed out that increasing the octane rating of the US gasoline pool (currently ?93 Ethanol has a high volumetric blending octane value in gasoline: ?115?135
Natural gas costs significantly less than gasoline or diesel per GGE. per gallon in February, whereas the average cost of gasoline in California was $3.24 per gallon, and the average cost of diesel was $3.73 Already in California, close to 70% of natural gas fleets are fueled with renewable natural gas.
However, managed EV adoption can reduce the cost of achieving GHG reductions through a RES, they concluded in their paper published in the ACS journal Environmental Science & Technology. The controlled charging of EVs can reduce electricity costs and improve the integration of wind energy. of the LDV fleet, respectively, in 2030.
In addition, around half the vehicles that will be on the road in 2030 have already been sold—most with gasoline or diesel engines. to make synthetic gasoline, diesel, gas, or kerosene. savings against fleet consumption, and long-term planning certainty. Present studies suggest that a pure fuel cost of between €1.20
Gas (or electricity) costs need to be factored into your overall cost. GasolineCosts. The cost of gasoline is always fluctuating, but it’s something you need to factor in when budgeting for your car. Depreciation Costs. Depreciation is one of the biggest costs associated with owning a car.
The draft TAR shows that automotive manufacturers are innovating and bringing new technology to market at a rapid pace, and that they will be able to meet the MY 2022-2025 standards established in the 2012 rulemaking with a wide range of cost-effective technologies.
Most of the Ford vehicles available for modification by Nat G come in a bi-fuel option that will seamlessly switch between natural gas and gasoline for added convenience when the driver is not near a natural gas fueling station. Nat G has partnered with other Ford QVMs to offer multiple CNG solutions.
The Pennsylvania Department of Environmental Protection (DEP) began accepting applications 1 December for its Natural Gas Vehicle Grant program, which will provide up to $20 milli on over the next three years to help pay for the incremental purchase and conversion costs of heavy-duty natural gas fleet vehicles.
The fleet of 40kWh Nissan LEAFs, which can travel up to 168 miles on a single charge and are manufactured in Sunderland, will be offered to drivers as part of Uber’s Clean Air Plan. Through the Clean Air Plan, drivers will on average save £4,500, depending on the miles they’ve driven, off the cost of switching to an electric car.
The transition away from gasoline and diesel vehicles to electric vehicles (EVs) is going full throttle in the United States, and that includes the iconic yellow school bus. As it turns out, the very gasoline or diesel vehicles children use to go to school hamper their learning.
The California Energy Commission (CEC) has issued a funding notice ( PON-12-504 ) for advanced natural gas engine research and development concepts for light heavy-duty vehicles (LHDV) and medium heavy-duty vehicles (MHDV) (Classes 3–7) operated in fleets throughout California. This solicitation is open to public and private entities.
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