Remove Cost Remove Electrical Remove Gas-Electric Remove Gasoline-Electric
article thumbnail

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.

article thumbnail

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.

Michigan 199
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

Argonne report on characteristics of light-duty plug-in electric vehicles in US

Green Car Congress

A new report from a team at Argonne National Laboratory examines the changing characteristics for light-duty plug-in electric vehicles (PEVs) from 2010-2021, evaluating range, energy efficiency, costs, and performance. terawatt-hours of electricity to drive 19.1 billion miles, offsetting 700 million gallons of gasoline.

Plug-in 284
article thumbnail

Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable natural gas.

Wind 418
article thumbnail

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.

Fleet 195
article thumbnail

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.

Cost Of 170