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Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.
This analysis compares the costs of usable energy when we buy gasoline and electricity for driving and natural gas for keeping warm. The average retail cost of regular gasoline in 2018 was $2.719 per gallon. Consequently, the average cost of the available energy from gasoline is $0.226 per 10,000 Btu. per 100 kWh.
The operating costs associated with electric vehicles are roughly one-third those of their gas-powered counterparts. 4 Without safety drivers, Tesla has suggested that, at scale, its robotaxi rides will cost consumers only $0.30-0.40 cents per mile, 5 slightly higher than ARK’s estimate of ~$0.25
Ridesharing company Lyft—in collaboration with Environmental Defense Fund—has commited to reach 100% electric vehicles on the Lyft platform by 2030. The shift to 100% EVs for Lyft will mean transitioning all vehicles used on the Lyft platform over the next ten years to all-electric or other zero-emission technologies.
The consortium has been formed in parallel to a draft European Directive to promote the development of alternative fuels such as electricity and hydrogen, which is currently being considered by the European Parliament and the European Council. The results will be published in late 2013.
CSR says that preliminary research suggests that the test locomotive will cost less to maintain and less to fuel, and will also exhibit significantly better horsepower output at higher speeds than current diesel-electric locomotives that pull the majority of passenger trains in the US. Figure of person provided for scale.
Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.
The Association of Monterey Bay Area Governments (AMBAG) in California has issued a request for proposals (RFP) for Public Electric Vehicle (EV) Charging Infrastructure and installation for local jurisdictions within the Monterey Bay Area. —RFP.
The BMW Group and Pacific Gas and Electric Company (PG&E) announced an expanded partnership that further leverages renewable energy to sustainably power electric vehicles (EVs). The goal of the phase-three pilot is to continue to make smart charging more beneficial to the grid and more rewarding for BMW EV drivers.
ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. Transportation.
One label design prominently features a letter grade (ranging from A+ to D) to communicate the vehicle’s overall fuel economy and greenhouse gas emissions performance. A sample of the second proposed label for an extended range electric vehicle. Fuel Cost: Estimated annual costs of fueling the vehicle. Click to enlarge.
The report highlights the importance of near-term action to ensure the long-term sustainability of personal mobility. Understanding the future of personal mobility requires an integrated analysis of technology, infrastructure, consumer choice, and government policy. —MITEI Director Robert C. From Insights into Future Mobility.
Forth and Mobility Development Group are creating a national partnership to launch the Affordable Mobility Platform (AMP), which will establish electric vehicle (EV) carsharing based at affordable housing sites in at least five states over the next two years. —Jeff Allen, Executive Director of Forth.
A study published by the Centre on Regulation in Europe (CERRE) has explored the possible impact of increased electrification of road transportation and domestic heating and cooking on the energy system (electricity and gas), as well as on CO 2 emissions and on GDP.
Electric passenger cars currently cost €4K to €5K (US$5,079 to $6,349) more to their owners than an equivalent fossil fuel car over the vehicle’s lifetime, according to the latest policy brief from the International Transport Forum (ITF), an intergovernmental organization with 54 member countries at the OECD. Click to enlarge.
The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. Across OECD nations, the Outlook assumes the implied cost of policies to reduce greenhouse gas emissions will reach about $80 per tonne in 2040.
The Vehicle Cost Calculator, an easy-to-use tool that allows users to compare emissions and lifetime operating costs of specific vehicle models, including conventional cars and trucks, as well as vehicles running on alternative fuels such as electricity, ethanol, natural gas, or biodiesel.
With a vehicle lifecycle of around 15 years, the global electric car population might by then reach about the same total as cumulative production, some of the later EVs sold having replaced older EVs that had been scrapped, the report, “Electric Vehicles: Energy, infrastructure and the mobility market in the real world” , notes.
EIA’s Annual Energy Outlook 2019 projects continued robust growth in US energy production, emergence of the United States as an energy exporter, and a cleaner S electric power generation mix. Light-duty vehicle energy efficiencies are affected by current federal fuel economy and greenhouse gas emission standards.
In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.
2454 , The American Clean Energy and Security Act—which establishes a cap-and-trade program also contains a number of provisions for accelerating the deployment of a vehicle charging infrastructure and the manufacturing of plug-in electric drive vehicles. Electric Vehicle Infrastructure. Large scale electrification program.
Electric school bus fleets with vehicle-to-grid (V2G) capabilities are cost-effective with today’s technology, and could save schools money while reducing greenhouse gas emissions and improving public health, according to a new study by a team at the University of Delaware’s College of Earth, Ocean, and Environment (CEOE).
Environmental costs are often not shown on financial statements because the bearers of such costs can be either particular individuals or society at large, are often both non-monetary and problematic to quantify for comparison with monetary values. Source: KPMG. Click to enlarge. billion in 2005.
Researchers at Lawrence Berkeley National Laboratory (Berkeley Lab) have found that the per-mile greenhouse gas emissions of an electric autonomous taxi in 2030 would be 63-82% lower than a projected 2030 hybrid vehicle driven as a privately owned car and 90% lower than a 2014 gasoline-powered private vehicle.
Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes. A major factor has always been the cost of battery packs.
At the upcoming IAA International Motor Show in Frankfurt, Karlsruhe Institute of Technology (KIT) will present a modular battery concept for the efficient operation of an electric bus; an electric city bus demonstrator will illustrate the concept. Modular battery system. Any number of modules with the same length can be stacked.
The transportation sector thus represents a significant fraction of total greenhouse gas (GHG) emissions both globally and in the US—light-duty vehicles (LDVs) are responsible for 17.5% low cost is only achieved in large-volume, highly automated factories. of carbon dioxide (CO 2 ) emissions in the US. —Deutch and Moniz.
Entry-Level Cadillac Electric SUV Ready to cross the bridge The 2025 Optiq will be the entry-level all-electric SUV for Cadillac when it goes on-sale in early 2026. We didnt measure efficiency during our short time in the Optiq, but Cadillac estimates the all-electric range to be 302 miles. When climbing and descending Mt.
Electric Cars in the United States: A New Model with Forecasts to 2030” was written by Thomas Becker, a Ph.D. The high rate of adoption is driven by the low purchase price and operating costs of electric cars with switchable batteries. The total cost of ownership of these vehicles is expected to be between $0.10
Consumer Reports has released the results from its largest ever national survey, and it found that over a third of Americans are interested in buying electric vehicles. They were also almost entirely focused on the cheaper cost of ownership, instead of new technologies or the environmental impact of EVs.
Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. The number of people without access to electricity remained unacceptably high at 1.3 Electric vehicles. The passenger vehicle fleet doubles to almost 1.7
A new study by the RAC Foundation and the British Vehicle Rental and Leasing Association (BVRLA) examines the potential for alternatives to new car ownership models to kick-start the electric vehicle market. One of the biggest barriers to electric vehicle uptake by private individuals is that of cost, particularly high upfront purchase costs.
This interactive website is the first of its kind in Canada that allows users to compare gas and electric cars and, based on their driving habits and budget, find the electric vehicle (EV) model that works best for their lifestyle. A database of electric vehicle (EV) incentives offered in Canada.
This synthesis consumes only CO 2 and electricity, and is constrained only by the cost of electricity. Molten carbonate electrosynthesized boron-doped CNTs exhibit high electrical conductivity. The electrolysis occurs at low electrical energy and high coulombic efficiency ($4 Faraday per mole CO 2 ). Licht (2017).
Currently hybrid and electric vehicles have a tiny share of the market in India and China and are seen as a higher-end product. These findings could have an important impact in countries that are on the brink of experiencing an explosion in the sales of personal vehicles; the government of India has already taken note of the findings.
Tesla bull ARK Invest offloaded over 51,000 shares of the electric automaker on Wednesday night after the company’s run on Wall Street continued. The operating costs associated with electric vehicles are roughly one-third those of their gas-powered counterparts. Tesla shares are trading at around $420 on Thursday.
At the same time, energy efficiency gains and increased use of renewable energy sources and lower carbon fuels, such as natural gas, are expected to help reduce by half the carbon intensity of the global economy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers.
The economics of electric vehicle charging. Jing Li, an assistant professor in the MIT Sloan School of Management, aims to develop a model of consumer vehicle and travel choices based on data regarding travel patterns, electric vehicle (EV) charging demand, and EV adoption. —Jinhua Zhao.
The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.
liter 4-cylinder and twin electric motors, one each on the front and rear axles, that enable the electronic on-demand all-wheel drive. Toyotas hybrid system automatically switches between the electric drive mode, combined electric motor and gasoline engine, and gasoline-only engine power. We made 0-60 mph runs in 7.1
AAA is adding monthly battery reports to its membership coverage for electric vehicles to help ease concerns regarding “range anxiety.” With this new partnership between ACA and Recurrent, we can provide AAA members who drive electric vehicles with personalized monthly battery reports as a benefit of Membership,” Colleen St.
Between 2006 and 2015, California’s GDP per capita grew by almost $5,000 per person, nearly double the growth experienced by the US as a whole. The transportation sector remains the biggest source of greenhouse gas emissions in the state, responsible for 38.5% At the same time, per capita emissions in the state decreased by 12%.
DOE is looking for information on other and related potential early market applications, including but not limited to airport ground support equipment, personal mobility applications, and grounds-keeping equipment. Integrated renewable hydrogen systems and public-private community-based partnerships.
“Electric cars will not save the climate. This is not to imply in any way that electric vehicles are worthless. Transportation accounts for only 27 percent of greenhouse gas emissions (GHG) in the U.S.; In states (or countries ) with a high proportion of coal-generated electricity, the miles needed to break-even climb more.
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