Remove Comparison Remove Cost Of Remove Miles Remove Transportation
article thumbnail

NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

Green Car Congress

A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios. —Chad Hunter, lead author of the report and former NREL researcher.

Cost Of 397
article thumbnail

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

Purchase 321
article thumbnail

UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”. Fuel Costs.

Cost Of 262
article thumbnail

UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. The percentages are even higher after five years of ownership. Belzowski 2015.

Cost Of 150
article thumbnail

Study finds all-electric rideshare fleet could reduce carbon emissions, but increase traffic issues

Green Car Congress

They used the model and the data to estimate the life cycle air pollution, greenhouse gas, and traffic externality benefits and costs of serving rides based on Chicago TNC trip data from 2019 to 2022 with fully electric vehicles. A paper on their work is published in the ACS journal Environmental Science & Technology.

Fleet 195
article thumbnail

BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

Lithium-ion battery costs have already dropped by 65% since 2010, reaching $350 per kWh last year. We expect EV battery costs to be well below $120 per kWh by 2030, and to fall further after that as new chemistries come in. —Colin McKerracher, lead advanced transportation analyst at BNEF. Although some 1.3

Cost Of 150
article thumbnail

SRI developing process for co-gasification of methane and coal to produce liquid transportation fuels; negligible water consumption, no CO2

Green Car Congress

The SRI CTL plant design offers a lower CO 2 -emitting fuel then conventional diesel; a lifecycle analysis by SRI put conventional diesel at 389 gCO 2 /mile, conventional F-T coal-to-liquids diesel at 830 gCO 2 /mile; and the SRI synthetic fuel at 326 gCO 2 /mile (when using carbon-neutral electricity. Lifecycle GHG comparison.

Coal 257