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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.

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Deloitte suggests Gen Y’s embrace of hybrid vehicles may be auto market’s tipping point

Green Car Congress

Gen Y’s strong affinity for hybrid vehicles could make it the “ generation that leads us away from traditional gasoline-powered vehicles ,” reports Craig Giffi, vice chairman and automotive practice leader at Deloitte LLP, after seeing the results of Deloitte’s annual survey of consumers and what they want in an automobile.

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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. Geely Auto has invested significant resources in the development and promotion of methanol-fueled engines and vehicles over a long period and has already made progress with this technology in China. Earlier post.).

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

In a talk at the opening plenary of the Electric Drive Transportation Association (EDTA) conference in Washington, DC, former New York Governor George Pataki called for a 40% market penetration of electric drive vehicles in the US by the end of the decade. Pataki suggested some approaches: Autos. Gasoline is too cheap.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

They wanted to see whether an electric vehicle could feed electricity back to the grid. The concept behind V2G had gained traction in the late 1990s after California’s landmark zero-emission-vehicle (ZEV) mandate went into effect and compelled automakers to commercialize electric cars. AC Propulsion’s experiment was timely.

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Perspective: A View Into the New GM

Green Car Congress

On 11 August, GM invited approximately 75 journalists and auto analysts to spend a day learning about the new GM. The Cadillac Converj extended-range electric vehicle Concept uses the Voltec platform. mpg in 2016, GM’s short term answer is to get greater mileage out of existing gasoline engine technologies. Click to enlarge.

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From Recreation to Everyday Transport: The Growing Appeal of E-Bikes

Plug in America

Meet the e-bike. A battery and small electric-assist motor on a bike frame allows riders to climb hills and reach higher speeds with each boosted pedal for less effort than a regular bike. million gallons of gasoline or 4.2 Voucher amounts increase for the purchase of cargo or adaptive e-bikes. Think again.