Remove Comparison Remove Cost Of Remove Forecast Remove Gasoline-Electric
article thumbnail

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. BNEF will discuss its EV forecast in detail at its upcoming annual BNEF Summit in New York in April. Although some 1.3 —Salim Morsy.

Cost Of 150
article thumbnail

Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

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. Last week, J.D.

Financing 283
article thumbnail

Soon an Electric Vehicle Will Cost Less Than An IC Engine Vehicle !!!

Get Electric Vehicle

One of the main reasons which limit the mass adaption of electric cars or EVs is its price difference in comparison with its IC engine counterpart. At present, an electric vehicle costs 30% more than an IC engine-powered vehicle with similar specifications. The Reduction in Battery cost. Rays of Hope.

article thumbnail

India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

India’s electric four-wheeler ride-hailing fleet incentives. The Delhi, Hyderabad and Bangalore cities are among the top markets for ride-hailing four-wheelers in India and have the highest shares of electric vehicles when compared to the other cities in India. India’s electric four-wheeler. billion, $52.5

Fleet 52
article thumbnail

ASG life-cycle study finds aluminum Ford F-150 “Best Full-size Truck of 2015” from environmental and economic perspective

Green Car Congress

Although the gasoline-fueled F-150 with 2.7L According to ASG, the 2015 F-150 holds the smallest life-cycle carbon footprint and lowest cost of ownership of any full-size truck in the North American market today. The Economic Performance Score assesses total cost of vehicle ownership. EcoBoost delivers 22 mpg (10.68

F-150 150
article thumbnail

Audi banking on Gen 2 3.0L TDI diesel for US sales; calls for a “fair shot” for diesel

Green Car Congress

Not only is it more powerful and contains up to 30% better efficiency than traditional gasoline, etc. During his presentation at the TDI Efficiency Rally, UMTRI researcher Bruce Belzowski first presented a summary of his analysis of the total cost of ownership of diesels with a comparison to that of their gas vehicle counterparts.

Diesel 366
article thumbnail

Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

As gasoline prices fell starting in late 2014, motorists logged an additional 2.7 billion vehicle miles traveled (VMT) in 2015, with a concomitant increase in gasoline consumption. Over the same time period, traditional gasoline vehicle registration increased 1.7%. California’s electric-power sector was responsible for 19.1%