Remove Alternative Fuels Remove Comparison Remove Gasoline-Electric Remove Purchase
article thumbnail

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.

Purchase 321
article thumbnail

Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

article thumbnail

Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electric vehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. Earlier post.).

Houston 312
article thumbnail

Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

They found that hybrid and alternative fuel vehicles (especially electric cars) easily saved their owners money when looking at the purchase price, fuel costs and regular maintenance. Moreover, electric cars use regenerative braking that reduces wear and tear compared to traditional brakes.

article thumbnail

EEA: Fuel efficiency improvements of new cars in Europe slowed in 2016

Green Car Congress

of new sales, followed by gasoline vehicles (47%), and alternatively fueled vehicles (3.3%, including electric vehicles). Sales of battery electric vehicles continue to increase, but at a significantly slower rate than in earlier years. of all new cars sold in the EU. of registrations. of registrations.

2016 170
article thumbnail

EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

EPA projects advanced transmissions (6+ speeds and CVTs), gasoline direct injection (GDI) systems, and turbocharged engines will be installed on at least 15% of all MY 2013 vehicles. The majority of the emissions and fuel savings from current vehicles, EPA noted, is due to new gasoline vehicle technologies. Click to enlarge.

article thumbnail

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

BCG comparison of the CO 2 reduction potential and cost of different technologies. As a result, BCG concludes, the electric car faces stiff competition from ICEs (internal combustion engines) and, based solely on total cost of ownership (TCO) economics, will not be the preferred option for most consumers. Source: BCG. Click to enlarge.

CO2 246