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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.

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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 year to run—a difference of $633.94

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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. —Steve Burns, CEO of Workhorse Group.

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

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Since vehicles represent approximately 35 percent of UPS’s carbon footprint, a cornerstone of the company’s environmental strategy is to support the development and use of lower-emission alternative fuels. By 2017, our goal is to reach one billion miles driven by our alternative fuel and advanced technology fleet.

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

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The US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) recently launched a new Vehicle Cost Calculator and accompanying widget. The calculator also lets users enter information such as driving habits, local ZIP code, price of fuel, and potential tax credits to personalize their results.

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DOE extends closing date for RFI on Total Costs of Ownership of Future Light-Duty Vehicles

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The US Department of Energy (DOE) has extended the closing date for the Request for Information (RFI) on Total Costs of Ownership of Future Light-Duty Vehicles ( DE-FOA-0000592 , earlier post ). One of the quantification measures is the total cost of ownership per mile driven, including vehicle and fuel costs.

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UPS/Greenbiz study identifies motivators and barriers to electric fleets

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Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. A lower total cost of ownership—factoring in both direct and indirect costs and savings over the life of the vehicle—is the second biggest driver, cited by 64% of respondents.

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