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

J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Similarly, Oregon, which has an adoption score of 36, currently offers a $2,500 credit on EVs with a retail price at or below $50,000 and a $5,000 credit for EVs that meet certain battery size requirements, making many EV drivers in Oregon eligible for upwards of $7,500 in state rebates. As this trend continues, J.D.

Price 404
article thumbnail

New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

Green Car Congress

In doing so, the aim was for a cost premium of no more than 10% over equivalent conventional products—considerably less than the additional cost of current hybrid architectures. Results of this work are expected to be published and presented at the IEEE ECCE at Portland, Oregon in September 2018.

Cost Of 225
article thumbnail

Lung Association report highlights health and climate costs of petroleum-based transportation and the benefits of shifting to ZEVs

Green Car Congress

In addition to California, the ZEV states are Connecticut, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island and Vermont. To clarify regional costs, the report breaks down the costs of smog, soot and climate pollution caused by passenger vehicles in each of the 10 ZEV states. Oregon: $1.3

Climate 150
article thumbnail

DOE to provide up to half the cost of NuScale small modular reactor project

Green Car Congress

The project will be based in Oregon and will support additional suppliers and operations in California, Idaho, Washington, Pennsylvania, South Carolina, Virginia, Kansas, Texas and Maryland. The Energy Department’s cooperative agreements require that the reactors be built domestically.

Cost Of 210
article thumbnail

Forth and Mobility Development partner to launch national EV carsharing program; affordable model for underserved communities

Green Car Congress

This carsharing model as it will roll out builds upon the success of the Miocar program in California’s San Joaquin Valley (supported by Mobility Development), as well as Forth’s experience of piloting similar programs in rural Oregon—both efforts received proof of concept funding from DOE in 2019.

article thumbnail

DOE awarding nearly $8M for national laboratory H2@Scale projects

Green Car Congress

The US Department of Energy (DOE) announced nearly $8 million for nine cooperative projects that will complement existing H2@Scale efforts and support DOE’s Hydrogen Shot goal to drive down the cost of clean hydrogen by 80% within the decade. Award amount: $770,000). Award amount: $525,000).

Seattle 320