Remove Alternative Fuels Remove Cost Of Remove Electric Vehicles Remove Market
article thumbnail

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

Green Car Congress

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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 mile.

Purchase 321
article thumbnail

DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Our analysis helped fill those data gaps. —David Gohlke.

article thumbnail

Pennsylvania DEP extends alternative fuel vehicle rebate program with additional $1.5M

Green Car Congress

The Pennsylvania Department of Environmental Protection (DEP) will extend the Alternative Fuel Vehicle Rebate program once it reaches its milestone of awarding 500 $3,500 rebates for large-battery system plug-in hybrid electric vehicles and battery-electric vehicles. —DEP Secretary Mike Krancer.

article thumbnail

Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

Green Car Congress

Total Number of Hydrogen-powered Vehicles in Service in 2027: 1 Million. The study identified hydrogen vehicles as an increasingly viable alternative to BEVs (Battery-Electric Vehicles). These positives have led to significant investment by car manufacturers, including Hyundai, Toyota and BMW.

Hydrogen 474
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. The top motivation to go electric for 83% of large businesses surveyed is sustainability and environmental goals.

Fleet 236
article thumbnail

MITEI releases report on 3-year study of future mobility; technological innovation, policies, and behavioral changes all needed; “car pride” an issue

Green Car Congress

areas of inquiry: The potential impact of climate change policies on global fleet composition, fuel consumption, fuel prices, and economic output. The outlook for vehicle ownership and travel, with a focus on the world’s two largest LDV markets: the US and China. From Insights into Future Mobility.

Future 269