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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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DOE: all-electric vehicles have the lowest estimated average annual fuel cost of all light-duty vehicles

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The estimated annual fuel costs for model year (MY) 2019 all-electric light-duty vehicles are the lowest of all the different vehicle technologies, ranging from a low of $500 to a high of $900 per year, according to the US Department of Energy (DOE). regular gasoline; $3.00 premium gasoline; $2.85 diesel; and $0.13

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DOE launches “eGallon” to help compare cost of fueling with electricity vs. gasoline

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The US Department of Energy (DOE) launched the “ eGallon ” as a quick and simple way for consumers to compare the costs of fueling electric vehicles vs. driving on gasoline. Today’s national average eGallon price is about $1.14, meaning that a typical electric vehicle could travel as far on $1.14 worth of gasoline.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

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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.

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Renault partners with R-FIT to launch electric retrofit kits in France

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Renault is launching electric retrofit kits in France in partnership with R-FIT. The Renault 5 electric retrofit kit will go on sale in France in September 2023 while the kit for the Twingo will be made available at a later date. These kits can be installed on the popular Renault 4, Renault 5 and first generation Twingo.

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Gas prices due to drop in 2024, as EVs plug into cleaner energy

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The cost of gasoline and the carbon footprint of EVs could both fall in the new year. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024.

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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

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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”.

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