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Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

Green Car Congress

A team at Arizona State University has analyzed the five-year Total Cost of Ownership (TCO) for representative electric, hybrid, and conventional vehicles—the Nissan Leaf (BEV), Toyota Prius (HEV), and Toyota Corolla (ICEV)—in 14 US cities from 2011 to 2015. Breetz, Deborah Salon (2018) “Do electric vehicles need subsidies?

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Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

Green Car Congress

A team at Arizona State University has analyzed the five-year Total Cost of Ownership (TCO) for representative electric, hybrid, and conventional vehicles—the Nissan Leaf (BEV), Toyota Prius (HEV), and Toyota Corolla (ICEV)—in 14 US cities from 2011 to 2015. Breetz, Deborah Salon (2018) “Do electric vehicles need subsidies?

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Cumulative worldwide sales of Toyota hybrids surpass 10 million units; Europe outpaces N America in 2016

Green Car Congress

Toyota launched the Coaster Hybrid EV in August 1997 and the Prius—the world's first mass-produced hybrid passenger vehicle―in December of the same year. The Toyota Hybrid System (THS), which was incorporated in the first generation Prius, evolved into THS II in 2003, and was thereafter rolled out in a wide range of Toyota vehicles.

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electric vehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. Earlier post.).

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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

Green Car Congress

Eligible vehicles must meet all three criteria: Possess a gasoline-electric hybrid or alternative fuel powertrain; Achieve a minimum of 35 highway and city miles per gallon (MPG or MPG equivalent); and. Qualifying Toyota vehicles include the Camry Hybrid, Avalon Hybrid, Prius, Prius Prime, Prius c, Prius v, and Mirai.

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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

They found that hybrid and alternative fuel vehicles (especially electric cars) easily saved their owners money when looking at the purchase price, fuel costs and regular maintenance. The motors that electric vehicles use have fewer moving parts than their gasoline-powered counterparts and don’t require oil changes.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. gallon gasoline. Click to enlarge.