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Self Financial, a fintech company, has compared the running costs of electric and non-electricvehicles in each state. Across the US the average annual cost of running an electricvehicle is $2,721.96, while gasoline vehiclescost an average of $3,355.90 per mile.
Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.
This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electricvehicle manufacturers and consumers to purchaseelectricvehicles (EVs) that source battery metals from domestic manufacturers.
A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g.,
Total US sales of plug-in electricvehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% of new vehicle sales in 2014 so far, up from 0.6% Electricvehicles per 1,000 vehicles. in 2013 and 0.4%
Communities throughout California can now purchase all-electric shuttle buses and ADA-equipped vans from Lightning Systems on a new California Association for Coordinated Transportation (CALACT) cooperative purchasing contract. Agencies, cities and counties interested in purchasingvehicles should consult RFP/Bid 19-01.
Sales of plug-in vehicles (PEVs) in 2013 will continue to outpace the first years of hybrid vehicle sales as more than 210,000 PEVs will be sold globally and more than three dozen PEV models will debut, according to a year-end free whitepaper published by Pike Research, that makes 10 specific predictions about electricvehicles in 2013.
Electricvehicles (EVs) have become a political lightning rod. If they dont manufacture cleaner vehicles, they can meet the standards by purchasing credits from manufacturers who do. Right now, surveys show that between 25% and 38% of drivers would consider purchasing an EV as their next car.
Owning a plug-in electricvehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.
A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Our analysis helped fill those data gaps. —David Gohlke.
a manufacturer of electric-mobility solutions to the transportation sector ( earlier post ), closed a $35-million financing with Marathon Asset Management. The remaining $25 million will function as a revolving credit facility from which Workhorse may draw down as necessary to meet existing and future purchase orders.
The US Department of Energy (DOE) announced up to $45 million in funding ( DE-FOA-0002760 ) to support the domestic development of advanced batteries for electricvehicles. This will decrease the amount of time drivers spend at charging stations to as low as five minutes, while ensuring increased costs savings during each charge.
Under the agreement, Highland and its project partners, including Thomas Built Buses, Proterra, and Annapolis-based American Bus, will electrify all five of MCPS’ bus depots, supplying the electric school buses and charging infrastructure along with services including managed charging.
Subaru is using NI (National Instruments) hardware-in-the-loop (HIL) technology to simulate actual road conditions for electricvehicle testing, eliminating environmental factors to reduce test time and costs. As a result, the HIL interaction system can apply the appropriate load to the vehicle throughout the tests.
Among the early adopters who own an EV, 82% say they “definitely will” consider purchasing another in the future, according to the inaugural J.D. Power US ElectricVehicle Experience (EVX) Ownership Study. Even after the purchase is made, range is still a critical element of the ownership experience.
Workhorse claims these vehicles provide nearly 400% fuel efficiency improvement as well as optimum energy efficiency, vehicle performance and a better driver experience. Modec fully electricvehicle with a cab forward design used in London. —Carlton Rose, President, Global Fleet Maintenance and Engineering for UPS.
A study by a team from the International Council on Clean Transportation (ICCT) shows that state electricvehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electricvehicle sales. Click to enlarge. Source: ICCT. Click to enlarge. —Jin et al.
Autonomy , a completely digital vehicle subscription service that provides consumers with a way to subscribe to electricvehicles, and Equifax announced a new partnership. Autonomy launched with its Tesla Model 3 Vehicle Subscription Program in California in January 2022.
GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electricvehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.
Modesto City Schools in California has a{purchased} 30 Blue Bird All American Type D electric school buses. The order—the single largest order of electric school buses from a school district for Blue Bird so far—enables the school district to convert nearly 50% of its diesel-powered bus fleet to electric.
This analysis compares the costs of usable energy when we buy gasoline and electricity for driving and natural gas for keeping warm. 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. by Michael Sivak.
The Power Max, which offers Level 2 240V charging in 16 or 30 amp models, will retail for roughly half the cost of current EV charging stations. The Bosch Power Max is UL-certified in both the United States and Canada, and is designed to safely and efficiently charge electricvehicles. Power Max 16A / 12’ cord entry level model.
In its analysis of the potential environmental impacts of the Next Generation Delivery Vehicle program, the Postal Service underestimated the expected greenhouse gas emissions from gasoline-powered vehicles and overestimated the emissions tied to battery-electricvehicles, according to U-M researchers. Earlier post.).
a recognized leader in the area of high-performance dynamometer systems, designed and provided a dynamometer testing system to a major original equipment manufacturer (OEM) for testing starter/alternators for hybrid/electricvehicle (H/EV) applications. SAKOR Technologies, Inc., —Randal Beattie, President of SAKOR.
Electric bus manufacturer Proterra has introduced a multi-dispenser charging solution which enables Proterra charging systems to have multiple low-profile charging dispensers paired with a single Power Control System (PCS). Proterra chargers are also vehicle-to-grid capable and smart-grid ready.
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 billion and $88.91 billion on the high end.
Octillion Power Systems, a global provider of advanced lithium-ion storage systems for electric mobility ( earlier post ), announced a new demonstrator program for battery-leasing that allows batteries to be leased to fleet customers when they purchasevehicles. Access to the program will be on a first-come, first-served basis.
UPS’ venture capital arm, UPS Ventures, has completed a minority investment in Arrival , which makes electricvehicle (EV) platforms and purpose-built vehicles. UPS will collaborate with Arrival to develop a wide range of electricvehicles with Advanced Driver-Assistance Systems (ADAS).
The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electricvehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles.
This new battery technology and other upgrades give them the range, power and features at the price they need to scale up their electric fleets. Lightning eMotors Credit and Ford Motor Credit financing is available along with electricvehicle vouchers and incentives, which are accessible in many states.
The Electrification Coalition has introduced its EV Policy Showroom, offering policymakers, EV advocates, industry partners and other stakeholders online access to easily navigable data and policy information on the deployment and adoption of electricvehicles and charging infrastructure. Screenshot from EV Policy Dashboard.
The vast majority of the funded projects are for battery-electric buses and infrastructure; two projects are receiving a total of $3.2 Alabama A&M University’s Bulldog Transit System will receive funding to purchaseelectric buses, charging stations, and other associated equipment. million for hydrogen fuel cell buses.
Electric cars have for the longest time been significantly more expensive than their ICE equivalents. Consumers have been patiently waiting for the day more electricvehicles become competitive from an upfront purchase price point of view.
Proterra product is expected to be incorporated in the Nikola Tre battery-electricvehicle (BEV) and Tre fuel cell electricvehicle (FCEV). Designed and manufactured in the United States, Proterra battery systems leverage industry-leading energy density and a customizable design to fit within a variety of vehicles.
The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electricvehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The Indy fleet would be the largest municipal fleet of electrified vehicles in the US. million over ten years.
Peninsula Clean Energy, a Community Choice Aggregation agency and the official electricity provider for San Mateo County in California, is expanding its program offering rebates to help first-time buyers of new electricvehicles. The rebate is limited to one per person and two per household.
Ford reported its third-quarter earnings this week, highlighting continued losses for its Model e division as it aims to reach profitability on electricvehicles (EVs). Importantly, over time, we have significant financial upside as we bend the curve on cost and quality, a key focus of our team.”
In a new report, “ Battery Swapping for ElectricVehicles 2022-2032: Technology, Players and Forecasts ”, market research firm IDTechEx concludes that battery-swapping technology currently appears to be a winner in the two- and three-wheeler markets of the Asia-Pacific regions.
While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. More charging stations are planned as funding opportunities become available. •
Preparing for Real World Encounter with a New ElectricVehicle. The electricvehicle (EV) revolution is upon us, and many people are beginning to agree. However, they do come with their own set of limitations that you should be aware of before making the purchase. The initial purchase price is higher for EVs.
Tesla has been removed from the Charlotte, North Carolina, City Council’s list of pre-approved electricvehicles that the city can purchase. The City of Charlotte will buy 45 new electricvehicles, and Teslas would likely be the best option. Instead, she claims it is because of “safety issues.”
Attaining environmental benefits and lower cost of ownership are driving more commercial fleets to electrify, according to a new study by UPS and GreenBiz. The top motivation to go electric for 83% of large businesses surveyed is sustainability and environmental goals.
Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electricvehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035.
To meet the projected demand for cells, Tesla will continue to purchase battery cells produced in Panasonic’s factories in Japan. Not only does the Gigafactory enable capacity needed for the Model 3 but it sets the path for a dramatic reduction in the cost of energy storage across a broad range of applications.
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