Remove Alternative Fuels Remove Cost Of Remove Electric Remove Gas-Electric
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

Purchase 321
article thumbnail

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

Green Car Congress

UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. Modec fully electric vehicle with a cab forward design used in London.

Cost Of 223
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. million toward electric vehicles since 2011.

article thumbnail

AT&T deploys 4,000th alternative fuel vehicle

Green Car Congress

AT&T has deployed its 4,000 th alternative-fuel vehicle (AFV) in its US corporate fleet. The vehicles are part of AT&T’s planned 10-year initiative to invest up to $565 million to replace approximately 15,000 fleet vehicles with alternative fuel models through 2018.

article thumbnail

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

Well-to-Propeller GHG emissions results for marine alternative fuels. DNV GL has released a position paper on the future alternative fuel mix for global shipping. The global merchant fleet currently consumes around 330 million tonnes of fuel annually, 80-85 per cent of which is residual fuel with high sulfur content.

article thumbnail

UPS plans to build 9 additional LNG stations at cost of ~$50M

Green Car Congress

UPS plans to invest approximately $50 million to build an additional nine liquefied natural gas (LNG) fueling stations, bringing the total number of stations to 13. By 2017, our goal is to reach one billion miles driven by our alternative fuel and advanced technology fleet.

Cost Of 236
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