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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

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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.

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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. UPS has used LNG vehicles for more than a decade and has benefited from lower fuel prices compared to imported petroleum.

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US DOE launches cost calculator to compare emissions and operating costs for alternative fuel and conventional vehicles

Green Car Congress

The Vehicle Cost Calculator, an easy-to-use tool that allows users to compare emissions and lifetime operating costs of specific vehicle models, including conventional cars and trucks, as well as vehicles running on alternative fuels such as electricity, ethanol, natural gas, or biodiesel.

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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.

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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

A study conducted by a team at the Massachusetts Institute of Technology (MIT) compared the lifetime costs of owning a gas-powered vehicle versus that of owning an eco-friendly vehicle. Hybrids and EVs can cost you less. Moreover, electric cars use regenerative braking that reduces wear and tear compared to traditional brakes.

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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

The researchers ultimately find that continued technological innovation is necessary and must be accompanied by cross-sector policies and changes to consumer behavior in order to meet Paris Agreement targets for greenhouse gas emissions reductions. They assumed mitigation is achieved through global economy-wide carbon pricing after 2030.

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