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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

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. The Union of Concerned Scientists conducted a similar study in which they researched the costs of charging electric vehicles in the U.S.

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Accenture Study Finds Consumers Will Require More Than Fuel Savings From Hybrid and Electric Vehicles; Cost, Vehicle Dynamics, In-Vehicle Services

Green Car Congress

According to a new Accenture study of 1,800 consumers in Germany, France, Italy, Canada and the US, while interest in hybrid and electric vehicles may be growing, consumers do not see fuel savings as the only purchasing factor and are demanding more from automakers. More likely to purchase a hybrid in the next two years.

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Study Finds EVs Economically and Financially Viable in New South Wales, Australia Market Today

Green Car Congress

The study found that for small and medium passenger vehicles, expected lifetime cost per kilometer for EVs is already lower than that of conventional ICE. The total cost of ownership includes the vehicle price, annual fuel and maintenance costs and insurance. This study has decided to directly estimate take-up for two reasons.

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This Volvo and Harris Poll Study investigates the state of EVs in America

Current EV

Further amplifying Volvo’s commitment to electrification, this report sought to provide new insights on the evolution of electric vehicles (EVs), the current barriers to purchasing, and the future of the EV economy. The EV sector includes HEVs (Hybrid Electric Vehicles), PHEVs (Plug-In Electric Vehicles), and BEVs (Battery Electric Vehicles).

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars.

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

The study focused on a portfolio of powertrains: BEVs, FCEVs, PHEVs and ICEs, taking into account significant advances in ICE technology between now and 2020. Over the next 40 years, the study found, no single powertrain satisfies all key criteria for economics, performance and the environment. Click to enlarge.

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California Energy Commission awards $9.6M to 8 projects on electric vehicles, natural gas and biofuels

Green Car Congress

The projects will advance the manufacture of electric vehicles and vehicle batteries; add vehicle charging stations; and encourage the use of biofuels. 1 million to TransPower, a clean energy company headquartered in Escondido to study the feasibility of manufacturing large electric-drive trucks in or near San Pedro by 2013.