Remove 2020 Remove Cost Of Remove Maintenance Remove Price
article thumbnail

NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

Green Car Congress

A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g., from $0.08/kWh

Cost Of 293
article thumbnail

The Next Oil Price Spike May Cripple The Industry

Green Car Congress

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

article thumbnail

CASE unveils first fully electric backhoe loader: the 580 EV

Green Car Congress

CASE has the capability to produce additional units throughout 2020 before ramping up production to meet greater demand in following years. Some utilities and contractors are incentivized to deploy electric equipment and vehicles in their fleets, providing even greater financial benefit and further lowering the total cost of ownership.

article thumbnail

Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

The Fisker app offers a flexible lease program, maintenance and repair on demand, insurance purchase to easy finance options. We created five easy-to-choose option packages for Fisker Ocean that will be available to our reservation holders closer to the end of 2020. Drivers get to decide how long to keep their Fisker Ocean.

Fisker 269
article thumbnail

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

According to the US Energy Information Administration (EIA), as of 13 June 2022, the average price of US regular gasoline was $5.006 per gallon, up $1.937 from a year ago. (An The average price of US on-highway diesel was $5.718 per gallon, up $2.432 from a year ago. However, the cost of refining in other nations is currently higher.

Congress 259
article thumbnail

UPS/Greenbiz study identifies motivators and barriers to electric fleets

Green Car Congress

Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. A lower total cost of ownership—factoring in both direct and indirect costs and savings over the life of the vehicle—is the second biggest driver, cited by 64% of respondents.

Fleet 236
article thumbnail

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. Average Monthly Costs of Hybrid, Electric, and Gas-Powered Cars. Costs of Charging vs. Fueling.