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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

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Consumer Reports: most popular electric vehicles cost less to own than the best-selling gas-powered vehicles in their class

Green Car Congress

Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.

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What is the cost of usable energy for driving and heating our homes?

Green Car Congress

This analysis compares the costs of usable energy when we buy gasoline and electricity for driving and natural gas for keeping warm. Gasoline-powered vehicles. Combustion of a gallon of gasoline (that includes ethanol) releases 120,333 Btu of energy. All-electric vehicles. Natural-gas furnaces.

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Study finds all-electric rideshare fleet could reduce carbon emissions, but increase traffic issues

Green Car Congress

Major ridesourcing companies Uber and Lyft have promised all-electric fleets by 2030 in an effort to reduce their carbon footprint. Overall, electrification reduces net external costs to society by 3–11% (5–24¢ per trip), depending on the assumed social cost of carbon. —Mohan et al. Mohan et al.

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

Green Car Congress

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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What makes maintaining electric vehicle charging stations more difficult than gas stations?

Setec Powerr

Electric vehicles are gaining popularity as people become increasingly concerned about the environment and rising fuel costs. While electric cars have many benefits, such as reduced emissions and lower fuel costs, they also present unique challenges when it comes to maintaining the charging infrastructure they require.