Everything You Need to Know About the Cost of Owning a Car

Clean Fleet Report

On the surface, it may seem like all you need to worry about is the purchase price, but that is just the tip of the iceberg. In reality, there are a lot of costs that come with owning a car. Maintenance Costs Associated With Car Ownership. Insurance Costs.

Union Pacific Railroad to purchase 20 battery-electric locomotives for testing in yard operations

Green Car Congress

Union Pacific Railroad plans to purchase 20 battery-electric locomotives for testing in yard operations. The combined purchases and upgrades to yard infrastructure are expected to exceed $100 million, representing the largest investment in battery-electric technology by a US Class I railroad. For every 10 battery-electric locomotives used, approximately 4,000 tons of carbon will be eliminated annually, the equivalent of removing 800 cars from the highway.

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Maryland school board approves purchase of 326 electric school buses; Thomas Built e-buses powered by Proterra

Green Car Congress

This project represents the largest single procurement of electric school buses in North America. The MCPS Department of Transportation is one of the largest in the country, with an over 1,400 school bus fleet.

Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

Teslas have become some of the newest additions to several police departments across the United States, and in some other regions of the world as well. The Long Range All Wheel Drive variant of the all-electric crossover costs $49,990. Credit: Town of Ipswich.

TU Dresden study on external costs of automotive transportation in Europe calls for internalization of the high external costs; raising user prices to change behavior

Green Car Congress

Average external costs from cars per 1,000 vkm by country. A recent study from Technische Universität Dresden (TU Dresden) commissioned by the Greens/European Free Allianace (EFA) in the European Parliament concluded that the cars used within the EU-27 externalize up to about €373 billion (US$493 billion) per year (high estimate) of costs on to other people, other regions and other generations. The low estimate is external costs of €258 billion (US$341 billion).

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Niti Aayog gives proposal to RBI for electric vehicles purchase loans 

Electric Vehicles India

Niti Aayog gives proposal to RBI for electric vehicles purchase loans . The Union Minister for Transport Nitin Gadkari recently said the cost of electric vehicles would come down over the next couple of years.

Buyer’s Guide: 2022 Guide to Green Auto Loans

Clean Fleet Report

Let’s explore the answer and some of the best options for anyone looking to buy a green or eco-friendly car in 2022. The world is collectively looking for ways to reduce global carbon emissions to prevent a looming climate crisis. Finding a Loan as Eco-friendly as Your Car.

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Los Angeles to lease 160 BEVs, 128 PHEVs as part of commitment to 50% EV purchases by 2017

Green Car Congress

The program commits city departments to the leasing of pure battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) to replace aging city vehicles, including those with conventional internal combustion engines. The announcement came on the eve of the US-China Climate Leaders Summit to be hosted in L.A. These leases will deliver on the pLAn’s commitment to ensure that 50% of the City’s annual light-duty vehicle purchases are EVs by 2017.

The EV100 Initiative: Climate Group’s Ambitious Venture

EV Match

In this article, we look at the Climate Group’s EV100 initiative that is focused on driving an accelerated transition to zero-emission vehicles globally. . Transportation is the largest source of greenhouse gas emissions in the United States, accounting for 29% of all emissions.

Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

Donovan, CEO of Renergie, Inc. An offset is a measurable reduction, avoidance, or sequestration of GHG emissions from a source not covered by an emission reduction program. If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. CREDIBILITY OF OFFSETS. TYPES OF OFFSETS. 2) Examples of Renewable Energy Projects.

Cambridge study of near-term alternative London bus technologies finds lean-burn CNG most costly with greater climate impact than diesel

Green Car Congress

Researchers from the University of Cambridge have conducted a comprehensive environmental cost–benefit analysis of near-term alternative bus technologies. The study considered emissions of non-methane hydrocarbons (NMHC), CO, NO x , PM 2.5 , sulfur dioxide (SO 2 ), and ammonia (NH 3 ), as well as the lifecycle climate impact of CO 2 and non-CO 2 greenhouse gases (GHG) on a CO 2 -equivalent basis. The researchers took an estimated range of this to be 0.5–2%

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UK Consumers to Receive Up To £5,000 Towards Purchase of Ultra-Low Carbon Car

Green Car Congress

UK Transport Secretary Philip Hammond confirmed today that motorists will receive up to £5,000 (US$7,800) towards purchase of an ultra-low carbon car from January 2011. The consumer grant will reduce the up-front cost of eligible vehicles by 25%, capped at £5,000. The Government announced this incentive ahead of the completion of the spending review to support the early market for ultra-low carbon cars.

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Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Institute of International Studies, University of. forecasts of population and gross state product, combined. The largest share of GHG reductions.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

Chairman of the Foreign Relations Committee, and Joe Lieberman (I-Conn.), Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. According to the recently finalized Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 , net US GHG emissions in 2008 were down 2.7% of revenues to help protect their coastlines and coastal ecosystems.

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Study finds culture influences response to climate change; consumption and reproduction

Green Car Congress

How people choose to consume resources and use contraception influences their responses to climate change, according to a new study by a team of psychologists. Swim, Penn State professor of psychology and her colleagues report that growing consumption and growing population are two significant contributors to human impact on the environment. Swim and her colleagues reported that peoples’ perceptions of how their behavior affects the environment influences how they act.

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Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

These high prices result from uncommonly large fixed costs that are bundled into kilowatt-hour prices and passed on to customers. In 2019, more than a quarter of California IOU customers were enrolled in the CARE program.

Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The number of plug-in electric cars nearly doubled from 40 to more than 70 vehicles this year, including attractive SUV crossovers in the $40,000 range like the Ford Mustang Mach-E and the Volkswagen ID4. Only 6% of EV Drivers Make Less than $200,000/Year.

CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Researchers at Carnegie Mellon’s College of Engineering have found that with an emissions-based incentive towards electrification, ridesourcing companies such as Uber and Lyft would electrify more and cut their emissions by amounts ranging from 10% in New York to 22% in Los Angeles. In LA alone, this represents a reduction of about $29 million per year in health and environmental costs, the researchers said. Private and external costs of energy inputs vary across cities.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

A cradle-to-grave (C2G) assessment of greenhouse gas (GHG) emissions and costs for current (2015) and future (2025–2030) light-duty vehicles by a team from US DOE and national laboratories, major automakers, EPRI and Chevron has found that currently, hybrid and plug-in hybrid petroleum-fueled vehicles provide the most attractive cost in terms of avoided carbon emissions—although they offer lower potential GHG reductions.

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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). billion for the purchase of zero-emission delivery vehicles and $1.71

We Need More Than Just Electric Vehicles

Cars That Think

EVs have finally come of age. The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. The entire life cycle of the vehicle must be considered, from cradle to grave.

UNFI adding 53 all-electric TRUs to California fleet

Green Car Congress

The company is one of the first wholesalers to utilize the technology and comes as the California Air Resources Board (CARB) announced plans in January to impose zero-emission requirements on TRUs sold or operated in California by 31 December 2029. United Natural Foods, Inc.

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Where to learn about electric cars? Radio, online, in-person & more

Green Energy Consumers

For this reason, in addition to offering discounts on electric vehicle purchases, our Drive Green program spreads awareness about the benefits of EVs, including cleaner air , a safer climate , better driving experience , and lower cost of ownership. Electric vehicles are already a smart and practical choice for many drivers in Massachusetts and Rhode Island. However, the conventional wisdom is that electric cars aren't ready for primetime yet.

CTE: entire US transit fleet could transition to ZEVs by 2035 for $56B - $89B

Green Car Congress

In a new report produced at the request of Senator Chuck Schumer (D-NY) and Senator Sherrod Brown (D-OH), the Center for Transportation and the Environment (CTE) concluded that a the entire US transit fleet could transition to zero-emission vehicles (ZEVs) by 2035 at a cost of between $56.22

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Germany providing another €300M to subsidize private charging stations in residential buildings

Green Car Congress

The purchase and installation of the wall boxes are supported with a grant of €900 (US$1,050). A total of €800 million (US$932 million) in federal funds are now available for this. A nationwide and user-friendly charging infrastructure is a prerequisite for more people to switch to climate-friendly e-cars. —Federal Minister of Transport Andreas Scheuer. As of July 2021, more than 620,000 charging points had been applied for.

Volkswagen and Audi launch sustainability programs for US introduction of e-Golf BEV and A3 e-tron PHEV; carbon offsets with 3Degrees and solar energy

Green Car Congress

Volkswagen of America, Inc. introduced several e-mobility sustainability initiatives to commence with the US launch of the battery-electric e-Golf ( earlier post ). These begin with an investment in carbon reduction projects via a partnership with 3Degrees to offset emissions created from e-Golf production, distribution and from the estimated emissions produced from keeping the vehicle charged through the initial 36,000 miles of its life. Installation costs will be extra.

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USPS orders 50,000 Next Generation Delivery Vehicles for $2.98B; 10,019 to be electric

Green Car Congress

The US Postal Service has placed its initial Next Generation Delivery Vehicle (NGDV) delivery order with Oshkosh Defense at a cost of $2.98 The first order is for 50,000 vehicles—a minimum of which will be for 10,019 battery electric vehicles (BEVs)—approximately a doubling of the earlier targeted EV cohort. Many of our 190,000 delivery vehicles on the road are more than 30 years old and lack basic safety features which are standard in most vehicles today.

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MIT study attributes > 50% of Li-ion rapid cost decline to investment in materials & chemistry R&D

Green Car Congress

The cost of Li-ion batteries has plunged some 97% since their introduction three decades ago—a rate similar to the drop in solar panel prices. This outweighed the gains achieved through economies of scale, although that turned out to be the second-largest category of reductions.

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CARB releases summary of results of first CO2 cap-and trade auction; CPUC proposes how to use the revenues

Green Car Congress

The California Air Resources Board (ARB) released the results of California’s first quarterly auction under the cap-and-trade program. One allowance permits the release of one metric ton of carbon dioxide. Of the 23,126,110 allowances offered for the Current Auction (2013 Vintage), 23,126,110 were sold with a settlement price of $10.09 (auction reserve price was $10.00). The next surrender of allowances will be Nov. Use of revenues.

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CA targets off-road equipment for GHG reductions with $44M CORE voucher project

Green Car Congress

The California Air Resources Board will launch its Clean Off-Road Equipment Voucher Incentive Project ( CORE ) at the Port of San Diego on 31 January. The new $44-million voucher project is designed to accelerate deployment of zero-emission off-road freight equipment used at goods-movement hubs, including ports, distribution centers, airports, and rail freight yards by bringing the cost of purchasing such equipment down.

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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

A new MIT Energy Initiative report spearheaded by John Heywood, Sun Jae Professor of Mechanical Engineering Emeritus at MIT, identifies three important paths forward reducing light-duty vehicle energy use and greenhouse gas emissions: improve the existing system and technologies for shorter-term benefits; conserve fuel by changing driver habits for nearer- to longer-term benefits; and transform the transportation system into one that is radically less carbon-intensive for longer-term benefits.

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Germany kicks in another €100M for wallbox subsidies; €400M total now

Green Car Congress

Under the program, the purchase and installation of wallboxes are supported with a grant of €900. Federal Minister of Transport Andreas Scheuer said that 300,000 wall boxes have already been subsidized in just over three months, corresponding to a subsidy volume of €270 million. A nationwide and user-friendly charging infrastructure is a prerequisite for more people to switch to climate-friendly e-cars.

EV Life is awarded CalSEED grant from the California Energy Commission to make financing electric cars cheaper than gas vehicles.

EV Life

The grant will fund the development of a fintech platform to empower EV buyers to save up to $200/month on electric vehicle loans. EV Life was selected from a competitive pool of over 200 startups based in California. Scott, Vice-Chair of the CEC.

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Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. Costs ranged from a low of 0.3%

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Germany providing another €100M to subsidize private charging stations; €500M total

Green Car Congress

Germany is adding another €100 million to its successful promotion of private charging stations for electric cars in residential buildings, bringing the total to €500 million. Purchase and installation of the wallboxes are supported with a grant of €900. We want more climate protection, more clean electric cars on our roads and more use of green electricity. We achieve all of this with our highly successful program for private charging wallboxes.

Buying a new EV or PHEV is about to get cheaper in Australia

EV Central

Buying a new EV or PHEV is about to get cheaper in Australia for scores of people following the introduction of the new Federal Government’s Electric Car Discount Bill to parliament this week. ” “The transport sector is one of the fastest?growing

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Report finds road transportation sector in Canada likely to fall far short of 2050 GHG emissions reduction target

Green Car Congress

A new Conference Board of Canada report finds that Canada is unlikely to achieve an 80% reduction in greenhouse gas emissions from 1990 levels by 2050. Even when taking into account reduced distances traveled per vehicle, improvements in fuel efficiency, and greater market penetration of alternative technology vehicles, Canada falls short of the 80-by-50 target. Meeting the 80% reduction would entail a reduction of approximately 117 Mt CO 2 e from 2013 levels.

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New Argonne-developed tool helps car buyers compare electric-drive and traditional vehicles

Green Car Congress

Consumers in seven US Midwest states seeking information about plug-in electric and hybrid vehicles now have access to a new-vehicle purchase guidance tool created by Argonne National Laboratory. The tool was created as a part of an innovative clean-vehicle program recently launched in the Midwest. The consumer tool, called EVolution: Choices for a Smarter Purchase , is designed to help car buyers make informed decisions when purchasing a new vehicle.

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EC proposes 95 grams CO2/km target for new cars by 2020, 147 grams for light vans; super credits for cars below 35g

Green Car Congress

The European Commission today proposed targets for the further reduction of carbon dioxide (CO 2 ) emissions from new cars and light commercial vehicles (vans) by 2020. The proposals will cut average emissions from new cars to 95 grams of CO 2 per km (g CO 2 /km) in 2020 from 135.7 grams in 2011 and a mandatory target of 130 grams in 2015. grams in 2010 (the latest year for which figures are available) and a mandatory target of 175 grams in 2017.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

Like a lot of people, I've been thinking about trading in my car. We live in a townhouse in a row of townhouses. Basically, I'm a bundle of questions. Fortunately, one of my fellow contributing editors at the magazine is a bundle of answers.

Solving the Electric Vehicle Charging Conundrum

Cars That Think

Like a lot of people, I've been thinking about trading in my car. We live in a townhouse in a row of townhouses. Basically, I'm a bundle of questions. Fortunately, one of my fellow contributing editors at the magazine is a bundle of answers.

Draft of EPA Greenhouse Gas Inventory Shows Overall GHG Emissions Down By 2.9% in 2008; Transportation Emissions Down 5.7% in Largest Annual Change Recorded Since 1990

Green Car Congress

The draft report of the US Environmental Protection Agency (EPA)’s annual Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 shows that in 2008, overall greenhouse gas (GHGs) emissions decreased by 2.9% (206.1 This report attributes the downward trend primarily to the decrease in demand for transportation fuels associated with the record high costs of these fuels that occurred in 2008. Tags: Climate Change Emissions

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News: IRA Aims to Accelerate Fleet Electrification

Clean Fleet Report

The Inflation Reduction Act of 2022 is the federal government’s largest investment in clean energy and includes substantial incentives aimed to accelerate electric vehicle adoption in America. Reimbursing Employees for the Business Use of their Electric Vehicles.

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