article thumbnail

UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. Belzowski 2015. Click to enlarge. Average diesel take rates. Model year.

Cost Of 150
article thumbnail

Ford poll finds Europeans want freedom of car ownership, but worry about traffic, cost of driving, environment

Green Car Congress

A new Ford Motor Company-sponsored poll of 6,000 people across Europe found that most Europeans remain committed to car ownership, but have growing concerns about traffic congestion, the cost of driving and the environment. By comparison, 66% of those polled have owned a gasoline engine vehicle and 38% have owned a diesel engine vehicle.

article thumbnail

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. This would be equivalent to nearly 8% of global electricity demand in 2015. At the core of this forecast is the work we have done on EV battery prices.

Cost Of 150
article thumbnail

EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

Green Car Congress

Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

EPRI 239
article thumbnail

Mitsubishi Motors to Premiere the European-spec i-MiEV at the 2010 Paris Motor Show

Green Car Congress

Mitsubishi Motors Corporation (MMC) will introduce the European-spec version of its i-MiEV electric vehicle at the 2010 Paris Motor Show. Combined with the high purchase price, Mitsubishi calculated, the total running costs of the i-MiEV could exceed those of the Fiat 500 1.2 gasoline vehicle. DiD engine, and.

i-MiEV 199
article thumbnail

Harris AutoTECHCAST Study Finds US Vehicle Owners Currently Would Choose Lower-cost, Higher Fuel Economy Gasoline-Engined Vehicles Over Higher-Priced Alt Fuel Engines or Electric Vehicles

Green Car Congress

According to Harris Interactive’s 2010 AutoTECHCAST study, conducted between 6-26 April 2010, there is currently greater demand among US vehicle owners for technologies that deliver improved fuel economy of existing gasoline-driven engines at a lower initial cost, rather than for higher-priced alternative-fueled engines.

article thumbnail

OECD: rising air pollution-related deaths taking heavy toll on society; more should be done to reduce transport emissions

Green Car Congress

Deaths from outdoor air pollution by region in 2005 and 2010. From 2005 to 2010, the death rate rose by 4% worldwide, by 5% in China and by 12% in India. This pollution is costing advanced economies plus China and India an estimated US$3.5 It puts the cost at nearly US$1.4 Click to enlarge. Earlier post.) Over the five?year

Pollution 218