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

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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.

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New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

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As part of its contribution to a recently completed major European research initiative to achieve more efficient and cost-effective hybrid powertrains for both passenger cars and commercial vehicles, Ricardo developed a new 48V e-motor offering up to a 50% increase in power density compared with current production machines.

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What is the cost of usable energy for driving and heating our homes?

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This analysis compares the costs of usable energy when we buy gasoline and electricity for driving and natural gas for keeping warm. Gasoline-powered vehicles. The average retail cost of regular gasoline in 2018 was $2.719 per gallon. Consequently, the average cost of the available energy from gasoline is $0.226 per 10,000 Btu.

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Solid state Batteries v/s Li-ion Batteries: A Comparison Based on Cost

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To better understand the severity of the cost component, let us look at the cost comparison between Solid state and Li-Ion batteries. Li-Ion batteries are used for anything from powering electric vehicles to storing energy for the grid. This low cost made Li-Ion batteries more accessible for a variety of applications.

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ITM Power reports its estimated cost of producing hydrogen via electrolysis down significantly from last year

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ITM Power has provided an update on the cost structure of hydrogen generated by its HFuel electrolysis platform. The new estimated cost —US$4.13/kg ITM Power projects hydrogen cost at £4.19/kg ITM Power projects hydrogen cost at £4.19/kg kg, US$7.26) in 2025, ITM Power notes. kg (US$6.44/kg),

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

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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”.

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Carbon Trust awards £2M to ACAL Energy and ITM Power to support major reduction in cost of automotive fuel cell systems

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million) to two UK fuel cell companies—ACAL Energy and ITM Power—to help deliver a step change reduction in the cost of the technology to about $35/kW. Production of advanced automotive fuel cell systems currently under development globally are forecast to cost approximately $50/kW at mass manufacture volumes.

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