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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.

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Electric Vehicles Are Only Getting Cheaper To Own

EV Match

One of the fastest ways to accelerate your transition to an eco-friendlier lifestyle is to switch to an electric vehicle (EV). According to the United States Environmental Protection Agency, the largest source of greenhouse gas emissions is from transportation. When it comes to the cost of ownership, the data is very clear.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. Earlier post.)

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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. Moreover, electric cars use regenerative braking that reduces wear and tear compared to traditional brakes.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

India’s electric four-wheeler ride-hailing fleet incentives. The Delhi, Hyderabad and Bangalore cities are among the top markets for ride-hailing four-wheelers in India and have the highest shares of electric vehicles when compared to the other cities in India. India’s electric four-wheeler. billion, $52.5

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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

However, although the state has made considerable progress decoupling economic growth from greenhouse gas (GHG) emissions, the rate of emissions decline appears to be slowing, due in part to a spike in transportation emissions attributed to an increase from light-duty vehicles. —Adam Fowler, economist at Beacon Economics.

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ITF analysis finds that societal costs for electric cars and vans range from €7K to €12K more than fossil-fueled equivalents

Green Car Congress

Sample consumer and societal break-even curves for BEVs, with data points for a compact diesel for comparison. The analysis, “Electric Cars: Ready for prime time?”, finds that the societal costs for electric cars and vans range from €7k to €12k (US$8,889 to $15,238) more than fossil-fueled equivalents. Click to enlarge.