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

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This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. 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. Although some 1.3 per year.

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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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million vehicles in 2015 to 3.9 between 2015 and 2025. Due to the incremental costs of NGVs, limited fueling infrastructure, reduced utility, and progress on competitive electrification technology, Navigant expects only modest LD NGV demand growth in North America. million in 2025. million, accounting for 2.6% of all LDVs.

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Toyota continues prepare the market for fuel cell vehicle in 2015

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Toyota Motor continues to lay the foundation for the introduction of its production fuel cell hybrid vehicle in 2015; the company began work on fuel cell technology in 1992. Eliminating the need for a humidifier allowed Toyota to simplify the structure of the fuel cell system, making it lighter, smaller and more cost-effective.

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ASG life-cycle study finds aluminum Ford F-150 “Best Full-size Truck of 2015” from environmental and economic perspective

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According to the latest annual life-cycle study from the Automotive Science Group ( ASG ), the all-new lightweight aluminum 2015 Ford F-150 leads the full-size light-duty truck competition in all environmental and economic performance areas; accordingly, ASG selected the F-150 as its Best Full-size Truck of 2015.

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Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

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A report published by Cambridge Econometrics and Ricardo-AEA concludes that overall, the cost of technologies required to meet proposed European 2020 CO 2 regulations for vehicles (95 g/km for cars and 147 g/km for vans) will be more than offset by the resultant fuel savings. Source: Cambridge Econometrics.Click to enlarge.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

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The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. Fuels or energy carriers in the study included gasoline, ethanol, diesel, CNG, LPG, hydrogen, and electricity.

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

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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 and Salon.

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