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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

A study conducted by a team at the Massachusetts Institute of Technology (MIT) compared the lifetime costs of owning a gas-powered vehicle versus that of owning an eco-friendly vehicle. Hybrids and EVs can cost you less. Average Monthly Costs of Hybrid, Electric, and Gas-Powered Cars. Costs of Charging vs. Fueling.

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National Research Council Study Finds That Available Technologies Can Result in Significant Fuel Savings for Passenger Vehicles Over the Next 15 Years, But at Higher Purchase Prices for Consumers

Green Car Congress

However, the technologies would also increase vehicle purchase costs for consumers, sometimes by as much as several thousand dollars. Replacing spark-ignition engines with diesel engines and components would yield fuel savings of about 37% at an added cost of approximately $5,900 per vehicle.

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Pike Research forecasts global hybrid medium- and heavy-duty truck sales to surpass 100,000 vehicles annually by 2017; about 2.1% of total MD/HD sales

Green Car Congress

However, Hurst adds that the primary challenge facing the hybrid truck market remains the cost of the system. While the typical operating cost of a diesel vehicle is significantly higher than that of other drivetrains ($0.72/mile mile for diesel versus $0.60/mile mile for hybrid and $0.22/mile mile for diesel versus $0.60/mile

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How Automotive Dealerships Can Save Money with Battery Energy Storage

Blink Charging

federal government is actively facilitating EV adoption, aiming to simplify the purchasing process for consumers , encourage companies to electrify their fleets , and assist businesses in installing EV charging stations. Incorporating a BES system can aid in lowering the operational costs of a DC fast charger.

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£30M Fund for Low Carbon Buses in the UK; New GM-Allison Hybrid Buses in London

Green Car Congress

The UK Government is establishing a £30 million fund (US$49 million) to encourage the purchase of low carbon emission buses (LCEB). The fund is not intended to pay the full cost of a low carbon bus. The maximum funding per bus will be the difference between the cost of the low carbon bus and the cost of its standard diesel equivalent.

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FTA Report on Worldwide H2 Bus Demonstrations Finds Better Than Expected Performance and Strong Customer Acceptance; Challenges Remain

Green Car Congress

Despite significant progress, fuel cell durability must be substantially increased and/or the cost of replacement fuel cell stacks must be substantially decreased. A few were taking a wait-and-watch stance, looking for reduced cost and improved performance and reliability. Energy Storage.

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Road Test: 2022 Lexus RX 450h F Sport AWD

Clean Fleet Report

MG 1 starts the gasoline engine and charges the nickel-metal hydride (NiMH) battery, while MG2 drives the front wheels and regenerates the battery during braking and coasting, and MGR drives the rear wheels and also regenerates the battery. The system comprises a 3.5-liter A bit about that Lexus dealer.

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