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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

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Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

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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

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement. It measures the social cost in US dollars of adding a ton of CO 2 to the atmosphere.

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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. Additionally, both manufacturers recently announced significant price cuts on both models.

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TU Dresden study on external costs of automotive transportation in Europe calls for internalization of the high external costs; raising user prices to change behavior

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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.

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Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

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Ford is pricing the new C-MAX Energi—expected to offer 15 class-exclusive features, a 550-mile (885 km) total range and more than 20 miles (32 km) of electric-only range ( earlier post )—at $33,745. Its eligibility for a $3,750 federal tax credit drops that to $29,995. The base MSRP for the Prius Plug-in Hybrid is $32,000.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

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A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.