Remove CO2 Remove Financing Remove Maintenance Remove Purchase
article thumbnail

ICCT calculates consumer benefits of increased efficiency in 2025-2030 light-duty vehicles in the US

Green Car Congress

According to the analysis, under current standards, buyers of model year 2025 vehicles would fully recoup the extra cost for technology in the vehicle in the third year of ownership under a cash-purchase scenario. These results are shown assuming a 3% discount rate, AEO Reference fuel prices, and cash purchase.

Light 170
article thumbnail

US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

Laredo Bus Facility Solar Canopies: Provide shade structures with integrated, grid tied photovoltaic cells to be erected on the bus storage lot at the Laredo Bus Maintenance Facility. This grant would allow ConnDOT to upgrade the upcoming purchases of buses and would fund the incremental cost of a hybrid bus compared to a conventional bus.

Emissions 256
article thumbnail

The Kiwi business journey to Carbon Zero

Drive Electric

Many studies show that battery electric vehicles (BEV) produce approximately 80% less CO2 emissions over their lifetime (including manufacturing and recycling) compared to an internal combustion engine vehicle (ICEV). Businesses in NZ are setting new targets for their fleets to reduce CO2 emissions and driving down fleet costs.

Carbon 52
article thumbnail

From Marketing ICE Cars To Electric Cars: Opportunities, Challenges, and Solutions 

Get Electric Vehicle

The bulk of the populace has become accustomed to purchasing online. Most automakers have aggressive EV expansion goals in response to increasingly strict CO2 legislation and the expected large penalty for noncompliance. The concept of individual mobility grew during the pandemic. The Regulatory Landscape.

Market 40