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Everything You Need to Know About the Cost of Owning a Car

Clean Fleet Report

For example, a German luxury car would cost far more to maintain than a new Chevrolet sedan. If you drive an electric vehicle , these costs may be lower since there is no oil to change and fewer moving parts that can break down. Gas (or electricity) costs need to be factored into your overall cost. Gasoline Costs.

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DISCOVR project seeking high productivity algae to reduce cost of biofuels

Green Car Congress

Researchers at Pacific Northwest National Laboratory, with colleagues from Los Alamos, Sandia and NREL, are working to lower the cost of producing biofuels from algae. Determining strains of algae that are highly productive could help lower the cost of biofuel production. DISCOVR Project BETO peer review (March 2017).

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California Governor orders all new cars and passenger trucks sold in California be ZEVS by 2035; medium-and heavy duty trucks by 2045

Green Car Congress

To ensure needed infrastructure to support zero-emission vehicles, the order requires state agencies, in partnership with the private sector, to accelerate deployment of affordable fueling and charging options. The executive order will not prevent Californians from owning gasoline-powered cars or selling them on the used car market.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. The post Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase appeared first on TESLARATI.

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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

Despite higher upfront costs, eco-friendly vehicles are better for not only the planet, but also your wallet. 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.

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International automotive researchers emphasize the importance of continued development of the internal combustion engine

Green Car Congress

In the editorial, the researchers note that internal combustion engines operating on fossil fuel oil provide about 25% of the world’s power (about 3,000 out of 13,000 million tons oil equivalent per year), and in doing so, they produce about 10% of the world’s greenhouse gas (GHG) emissions. road dust) are accounted for.

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

billion, as the world’s population grows and more people in developing economies are able to afford cars. This slower growth is attributed to the relatively higher cost of the vehicles, driven by the cost of batteries. China will see the largest increase—more than 4 million oil-equivalent barrels per day.

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