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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 per mile.

Purchase 321
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President Obama issues Memorandum on Federal fleet performance to push for alternative fueled vehicles; GSA pilot project on EV purchases

Green Car Congress

In conjunction with the Memorandum, the General Services Administration (GSA) launched a pilot project to incorporate electric vehicles and technologies into the Federal fleet. GSA announced its initial purchase of more than 100 electric vehicles for a vehicle pilot. GSA purchase. Optimum fleet size.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Consumption of gasoline in China grew from 0.9 To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. Source: EIA. Click to enlarge.

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UPS plans to purchase 1,000 propane-fueled package delivery trucks, install fueling stations; $70M investment

Green Car Congress

UPS plans to purchase 1,000 propane package delivery trucks and install an initial 50 fueling stations at UPS locations. The propane fleet will replace gasoline- and diesel-fueled vehicles used largely in rural areas in Louisiana and Oklahoma with other states pending.

Purchase 291
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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Rasmussen Poll Finds 48% Likely To Buy Alternative Fuel Car Within Next 10 Years

Green Car Congress

A new Rasmussen poll found that 48% of Americans are likely to purchase a car that runs on something other than gasoline within the next ten years; 45% say they are not likely to purchase an alternative fuel car.

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Harris AutoTECHCAST Study Finds US Vehicle Owners Currently Would Choose Lower-cost, Higher Fuel Economy Gasoline-Engined Vehicles Over Higher-Priced Alt Fuel Engines or Electric Vehicles

Green Car Congress

According to Harris Interactive’s 2010 AutoTECHCAST study, conducted between 6-26 April 2010, there is currently greater demand among US vehicle owners for technologies that deliver improved fuel economy of existing gasoline-driven engines at a lower initial cost, rather than for higher-priced alternative-fueled engines.