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ABI Research projects worldwide commercial EV market to surpass US$680B by 2027

Green Car Congress

The growing affordability of EVs has been one of the biggest drivers for fleet electrification efforts. There has been a trend of EVs becoming more and more affordable due to advancements in battery technology and economies of scale in production.

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DOE issues RFI in support of medium- and heavy-duty truck research and development

Green Car Congress

Affordable freight movement is essential for the nation’s economy. EERE is specifically interested in information on safe, efficient, affordable solutions that reduce energy use, emissions and total cost of ownership (purchase, fuel, maintenance and operational cost) for medium and heavy-duty trucking. DE-FOA-0002372 ).

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California “gasoline superuser” bill advances; focusing ZEV incentives on reducing gasoline use

Green Car Congress

The applicant swill have to sell or otherwise surrender the internal combustion engine vehicle on which the incentive payment is based. On average, switching from a gasoline car to a ZEV saves 40% on maintenance and 50% on fuel.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Low Maintenance Costs. It has fewer parts that would need constant maintenance and replacement. Tesla’s Model 3 paved the way to powerful, affordable EVs. Europe and China.

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Bank Australia plans to eliminate loans for ICE vehicles in 2025

Teslarati

Bank Australia has announced it will no longer supply car loans to internal combustion engine vehicles by 2025. The bank will continue to offer loans for used ICE vehicles until more affordable electric offerings become available.

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Eaton Cummins JV unveils 12-speed automated transmission

Green Car Congress

Endurant was designed, engineered and created from a clean sheet to be an automated transmission, not simply an update to an AMT, allowing us to optimize the transmission’s weight, dimensions and features. Endurant will be paired with the Cummins X15 Efficiency Series engine beginning in October for Peterbilt and Kenworth trucks.

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How the Electric Vehicle Revolution Is Changing the World

Clean Fleet Report

More countries are setting aggressive targets to phase out internal combustion engines and replace them with EVs. As EVs become affordable and accessible, they are no longer just a niche choice for early adopters but are quickly becoming mainstream. One part of the ecosystem is the gas stations that dot highways nationwide.