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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins. —Gabriel Collins.

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CMU/Yale study suggests BEVS could be majority or near-majority of cars and SUVs by 2030 given technology trends

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A suggestive market-wide simulation extrapolation indicates that if every gasoline vehicle had a BEV option in 2030, the majority of new car and near-majority of new sport-utility vehicle choice shares could be electric in that year due to projected technology improvements alone. —Forsythe et al. Forsythe et al.

SUV 397
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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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Lightning eMotors introduces new generation 4 Lightning Electric Transit Class 3 Van; battery-electric and fuel cell electric variants

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Lightning eMotors has announced a new model of its Class 3 Lightning Electric Transit Van. The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, based on the Ford Transit 350HD chassis. —Tim Reeser, CEO of Lightning eMotors.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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IDTechEx’s latest master electric vehicle report “ Electric Vehicles: Land, Sea & Air 2022-2042 ” finds 35.7 million electric vehicles (EV) were sold in 2021 and predicts this will rise to more than 74 million by 2030. Battery Demand From Non-automotive EV Sectors in 2021. Electric Vehicles in Construction - 1 GWh.

Market 150
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U-M researchers challenge USPS EV environmental study

Green Car Congress

A new University of Michigan study finds that making the switch to all-electric mail-delivery vehicles would lead to far greater reductions in greenhouse gas emissions than previously estimated by the US Postal Service (USPS). The NGDV program calls for the purchase of up to 165,000 new mail delivery trucks over the next decade.

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Consumer Reports: most popular electric vehicles cost less to own than the best-selling gas-powered vehicles in their class

Green Car Congress

Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.