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Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94
Union Pacific Railroad plans to purchase 20 battery-electric locomotives for testing in yard operations. The combined purchases and upgrades to yard infrastructure are expected to exceed $100 million, representing the largest investment in battery-electric technology by a US Class I railroad.
Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.
Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.
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”.
In August 2012, coal produced 39% of US electricity, up from a low of 32% in April 2012, when the natural gas share of generation equaled that of coal. Chart includes generation from the electric power sector only, excluding commercial and industrial generators. Source: EIA. Click to enlarge.
A recent study from Technische Universität Dresden (TU Dresden) commissioned by the Greens/European Free Allianace (EFA) in the European Parliament concluded that the cars used within the EU-27 externalize up to about €373 billion (US$493 billion) per year (high estimate) of costs on to other people, other regions and other generations.
A new University of Michigan study finds that making the switch to all-electric mail-delivery vehicles would lead to far greater reductions in greenhouse gas emissions than previously estimated by the US Postal Service (USPS). The NGDV program calls for the purchase of up to 165,000 new mail delivery trucks over the next decade.
is adding 53 all-electric transport refrigerated trailer units (TRUs) to its fleet located at the company’s Riverside, Calif. By operating the all-electric TRUs, UNFI anticipates it will save approximately 135,000 gallons of diesel fuel per year while reducing particulate matter pollutant emissions and greenhouse gas emissions.
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 President also announced a new research Clean Energy Grand Challenge—EV Everywhere—to make electric-powered vehicles as affordable and convenient as gasoline-powered vehicles for the average American family within a decade. National Community Deployment Challenge. Tax credits.
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. Modec fully electric vehicle with a cab forward design used in London.
The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.
In a new report produced at the request of Senator Chuck Schumer (D-NY) and Senator Sherrod Brown (D-OH), the Center for Transportation and the Environment (CTE) concluded that a the entire US transit fleet could transition to zero-emission vehicles (ZEVs) by 2035 at a cost of between $56.22 billion and $88.91 billion on the low end and $60.02
The pact seeks to enhance cooperation through a range of activities, including: Accounting for the costs of greenhouse gas emissions in each jurisdiction. Harmonizing 2050 targets for greenhouse gas reductions and developing mid-term targets needed to support long-term reduction goals. Earlier post.)
Empa, ETH Zürich and the road sweeper manufacturer Bucher Municipal have jointly developed a pioneering hybrid-electric powertrain for road sweepers in a CTI (Switzerland’s Commission for Technology and Innovation) project. The concept is based on a natural gas-driven engine, which provides power to the electric motors.
The study found that TCO for electric and diesel medium-duty urban delivery trucks were similar. The electric truck is relatively more cost-effective on the NYCC and when VKT demand is higher. Cost-competitiveness of the electric truck diminishes in drive cycles with higher average speeds. Credit: ACS, Lee et al.
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.).
The program funds projects to encourage the development and use of new technologies and alternative and renewable fuels, including electricity, natural gas, biomethane, hydrogen, and gasoline and diesel substitutes, such as cellulosic ethanol (derived from woody materials, including agricultural waste), and biodiesel from waste grease.
WattPeople , a venture of THE FUNK HAUS, introduced a new interactive web application at SXSW Eco to help consumers assess the financial impact of the “SolarEV Bundle” concept, an integrated transaction in which consumers purchase a solar power system and an electric vehicle.
New York’s State Department of Environmental Conservation (DEC) and the New York State Energy Research and Development Authority (NYSERDA) announced that more than $24 million is now available to replace diesel-powered transit buses with new all-electric transit buses. As part of the state’s $127.7-million commercial trucks and buses).
The program commits city departments to the leasing of pure battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) to replace aging city vehicles, including those with conventional internal combustion engines. The announcement came on the eve of the US-China Climate Leaders Summit to be hosted in L.A.
King County, Washington, Executive Dow Constantine announced that King County Metro Transit will acquire 120 battery-electric buses by 2020. As part of this commitment, Metro will purchase up to 73 battery buses from Burlingame, Calif.-based Federal funding often helps pay for Metro’s new bus purchases. based Proterra.
Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electric vehicles in 2013.
Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. Alstom’s hydrogen technology has also been purchased by SNCF (France) and FNM (Italy). Operating these trains requires hydrogen refueling stations.
An analysis of the expected emissions performance and total cost of ownership for the ClearFlame business model versus diesel, CNG, BEV, and FCV options in the over-the-road heavy-duty truck market presented in this paper indicates that: The TCO of ClearFlame-based trucks could be, on average, $0.08 per mile, lower than natural gas by $0.09
While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. The Long Range All Wheel Drive variant of the all-electric crossover costs $49,990.
MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)
A new study by a team from UC Berkeley and Stanford University suggests that determining the optimal use of biomass to reduce greenhouse gas emissions—i.e, suggested that converting biomass into electricity for EVs abates more GHG emissions than does converting biomass into liquid fuels for use in today’s conventional vehicles.
Preparing for Real World Encounter with a New Electric Vehicle. The electric vehicle (EV) revolution is upon us, and many people are beginning to agree. However, they do come with their own set of limitations that you should be aware of before making the purchase. The initial purchase price is higher for EVs.
The collaboration will bring together Hydrogenics’ expertise in water electrolysis with Enbridge’s ownership and operation of natural gas pipeline networks and renewable energy generation. Small quantities of hydrogen can be manageable in existing natural gas pipeline networks. Under the agreement, Enbridge Inc. per share).
Vehicle cost, current battery technology, and inadequate consumer knowledge are some of the barriers preventing widespread adoption of plug-in electric vehicles, according to a new congressionally mandated report from the National Research Council. Four Classes of Plug-in Electric Vehicles. Description. Example (AER).
The Pennsylvania Department of Environmental Protection (DEP) will extend the Alternative Fuel Vehicle Rebate program once it reaches its milestone of awarding 500 $3,500 rebates for large-battery system plug-in hybrid electric vehicles and battery-electric vehicles. million toward electric vehicles since 2011.
In the latest effort to make aviation sustainable and reduce greenhouse gas emissions, ZeroAvia announced advancements in developing a hydrogen-fueled electric powertrain. The solution aims to deliver the same performance as a conventional aircraft engine, and much lower operating costs.
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.
Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles. Source: CBO.
. $750,000 to research value-based design options for the standardization of plug-in electric vehicle (PEV) batteries. Standardizing PEV batteries could reduce the purchase and ownership costs of PEVS, as well as addressing additional consumer issues such as maintenance and safety.
Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. The top motivation to go electric for 83% of large businesses surveyed is sustainability and environmental goals.
The Fiat 500e battery-electric vehicle ( earlier post ) is entering the California market priced at $32,500 which includes a $700 destination charge. Eligible California residents may be able to purchase the 500e for as low as $20,500, after federal credits, state incentives and FIAT rebates are included. Click to enlarge.
Mayor Bloomberg announces the addition of 70 new electric vehicles. New York City is adding 70 electric vehicles to its fleet: 50 new Chevrolet Volts, 10 fully electric Ford Transit Connect cargo vans, and 10 new fully electric Navistar E-star utility trucks. Chevy Volt and Navistar E-star are visible in the background.
Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. Earlier post.)
The Los Angeles Department of Transportation (LADOT) has ordered 130 BYD battery-electric K7M buses, the largest single order of battery-electric buses to date in the United States. BYD considers the LADOT purchase as a signal to the market that zero-emission buses are here to stay and that their use will continue to spread.
Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Williams et al. Click to enlarge.
Boulder City, Nevada, purchased a new fleet of Tesla vehicles for its police department. The city announced the new purchase on its Facebook page , saying that although it’s a leader in energy production, it is now cutting down on fossil fuel consumption. Credit: Boulder City Police. Credit: Boulder City Police.
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