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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94 per mile.

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President Obama issues Memorandum on Federal fleet performance to push for alternative fueled vehicles; GSA pilot project on EV purchases

Green Car Congress

In conjunction with the Memorandum, the General Services Administration (GSA) launched a pilot project to incorporate electric vehicles and technologies into the Federal fleet. GSA announced its initial purchase of more than 100 electric vehicles for a vehicle pilot. GSA purchase. Optimum fleet size.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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Consumption of gasoline in China grew from 0.9 To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. Source: EIA. Click to enlarge.

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President Obama announces $1B National Community Deployment Challenge to spur deployment of alternative-fuel vehicles; new purchasing incentives; new EV Everywhere research grand challenge

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US President Barack Obama announced a new $1-billion National Community Deployment Challenge to spur deployment of advanced alternative fuel vehicles in communities around the country. Tax credits.

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Maritz study finds growing but still low US consumer awareness about alternative fuel technologies; knowledge gap and confusion a sales challenge for OEMs

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Results of a survey released by Maritz Research demonstrates that while US consumer awareness about alternative fuel vehicles continues to grow, only about one in five consumers state they are “very familiar” with any alternative-fuel technologies. Gasoline-electric hybrid vehicles rose from 15 to 22%.

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Pennsylvania DEP awards more than $4.4M in alternative fuels grants to 12 projects; bulk for natural gas

Green Car Congress

million in Alternative Fuels Incentive Grants to 12 projects across the state. The bulk of the funding is flowing to natural gas projects, with additional funding for electric vehicle infrastructure and a biodiesel project. Veterans Taxi will receive $269,000 to purchase and deploy 25 new compressed natural gas taxis.

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Virginia Governor signs legislation and executive order beginning transition of state vehicles to natural gas, electricity or other alternative fuels

Green Car Congress

Virginia Governor Bob McDonnell has signed two pieces of legislation that promote the use of natural gas, electric or other alternative-fueled vehicles in the Commonwealth. He also signed a new executive order setting out the state alternative fuel plan required by House Bill 2282.