article thumbnail

NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

Green Car Congress

A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios. —Chad Hunter, lead author of the report and former NREL researcher.

Cost Of 397
article thumbnail

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

Green Car Congress

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.

article thumbnail

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

Green Car Congress

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

Purchase 321
article thumbnail

UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”. Fuel Costs. Fuel Efficiency.

Cost Of 262
article thumbnail

UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. The percentages are even higher after five years of ownership. Belzowski 2015.

Cost Of 150
article thumbnail

Opinion: EVs will be supply constrained until ICE cars die out

Electrek

Answer: When the cost of buying or leasing an electric vehicle along with paying for maintenance and miles becomes less expensive than using a free gas car. That’s already been the case for years for high mileage drivers but with higher gas prices, we’ve now reached the point where the cost comparison is becoming more acute.

Supplies 101
article thumbnail

ITM Power reports its estimated cost of producing hydrogen via electrolysis down significantly from last year

Green Car Congress

Fueling cost comparison. liter CRDi 4WD) costs 7.9 mile) to operate based on a fuel consumption of 5.7 liter CRDi 4WD) costs 7.9 mile) to operate based on a fuel consumption of 5.7 One way of achieving high utilization is by combining Power-to-Gas energy storage with refueling. Earlier post.). kg per 100 km.

Hydrogen 311