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

The report is the culmination of MITEI’s three-year Mobility of the Future study, which is part of MIT’s Plan for Action on Climate Change. The study team has examined how these different dimensions will develop and interact, and the report offers possible pathways toward achieving a more sustainable personal transportation system.

Future 269
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

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. A similar study examining Loveland, Colo. Earlier post.). In tough economic times, these savings cannot be ignored.

Houston 312
article thumbnail

Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

Despite higher upfront costs, eco-friendly vehicles are better for not only the planet, but also your wallet. 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.

article thumbnail

Study: alcohol, biomethane and ammonia are the best-positioned fuels to reach zero net emissions for shipping; OPEX, not CAPEX challenge

Green Car Congress

A study by A.P. Based on market projections, the best positioned fuels for research and development into net zero fuels for shipping are alcohol, biomethane, and ammonia. —Katharine Palmer, LR global head of sustainability, who led the study on behalf of the classification society.

Emissions 170