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

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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.

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

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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.

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

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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.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

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Workhorse claims these vehicles provide nearly 400% fuel efficiency improvement as well as optimum energy efficiency, vehicle performance and a better driver experience. Each truck will have a range of approximately 100 miles between charges, ideal for delivery routes in and around cities.

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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. EV Everywhere is the second in a series of Clean Energy Grand Challenges designed by the DOE.

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CODA Automotive offers lower-cost battery and range option for electric sedan

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CODA Automotive will offer two mileage range and price options in 2012 for the CODA sedan. Research shows that the high cost of today's alternative fuel technologies is one of the largest barriers that keep the average driver from purchasing an electric vehicle. —Phil Murtaugh, CEO, CODA Holdings.

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DOE seeking input on analysis methodology and assumption for estimating total cost of ownership of future advanced vehicle technologies

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DOE conducted a preliminary analysis for several fuel/vehicle pathways for present day (2011) and future (2016 and 2030) mid-size cars to examine the potential for technology improvement to reduce the total costs of ownership of advanced powertrain vehicles and fuels to levels comparable to conventional powertrain vehicles and fuels.

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