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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.
Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.
Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 million and 4 million vehicle sales respectively), according to research company Bloomberg New Energy Finance (BNEF). Last week, J.D. million units in 2020, or some 7.3%
Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.
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. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.
are partnering to make solar power more affordable and available to Honda and Acura customers in the US, providing a cleaner source of electricity at a lower cost than utility-supplied power. SolarCity and American Honda Motor Co.,
Abellio Rail Mitteldeutschland, Alstom, Nahverkehrsservice Sachsen-Anhalt GmbH (NASA) and Rolls-Royce plan to implement jointly a new hybrid drive solution on Abellio’s fleet of Coradia Lint diesel trains. The contract covering the conversion of the first three of these vehicles to MTU hybrid drives is planned to be signed by the end of 2018.
Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. The demand incentive for electric two-wheelers has been increased to Rs. 15,000/KWh from Rs.
Axial Vector Energy Corporation (AVEC) has developed a new hybrid electric drive train comprising a small axial-type, multi-fuel AVEC engine ( earlier post ), an AVEC generator/motor and an all new electric clutch. Tags: Electric (Battery) Engines Hybrids Motors. The new clutch is more than 80% efficient with less than 1% slip.
Supercharger, kinetic energy recovery and transmission specialist Torotrak will acquire , pending shareholder approval, the remaining 80% of flywheel hybrid innovator Flybrid for up to £23.0 M-KERS can recover up to 70% of braking energy for around a third the cost of battery electric hybrids, the company says. Click to enlarge.
The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 million over ten years. The Indy fleet would be the largest municipal fleet of electrified vehicles in the US.
The company’s goal is to be the first supplier of new hybrids with high levels of sugar. Sorghum will extend the ethanol production season by as many as 60 days or more, according to most experts, thereby expanding fuel supplies and lowering the cost of financing mill construction. Ceres, Inc.
Lightning eMotors Credit and Ford Motor Credit financing is available along with electric vehicle vouchers and incentives, which are accessible in many states. The voucher program can reduce the upfront cost of advanced zero-emission fleet vehicles by 30 to 70 percent.
China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. kW/kg, at a cost of 200 yuan/kW. Wh), with a cycle life of 2,000 or more than 10 years;and.
The overall out-of-pocket-costs for many consumers who finance will be lower in their very first year of ownership, despite the fact that the upfront cost of electric vehicles remains higher today than their gas-powered counterparts. Lifetime savings of EVs versus comparable gasoline-powered vehicles.
The board also approved the purchase of charging infrastructure for e-buses and e-hybrids with two suppliers, Spie-Ekoenergetyka and Heliox. They best met the awarding criteria and offered the best price-quality terms relating to total cost of ownership, zero-emission range, technical quality and look & feel.
Element Energy used a component-based cost model to estimate the current and future costs of conventional and novel powertrains based on peer-reviewed data—e.g., on batteries and fuel cell costs trends and the costs of vehicle mass reduction. beyond small-scale trials).
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 electric vehicles in 2013.
The Group will also continue to press ahead with the development of hybrid and electric drives. These investments will be financed from the joint ventures’ own funds. In addition to spending on capex, the plans also include capitalized development costs of €21.9 billion (US$29 billion) over the next five years.
We are already making measurable progress, which will continue to have a noticeably positive impact on earnings—whether in terms of sales, the cost of materials or indirect purchasing. —Nicolas Peter, Member of the Board of Management of BMW AG, Finance.
Global hybrid + EV assembly forecast. More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. of respondents believe hybrids and plug-in hybrid electric vehicles (PHEVs) are the most appealing to consumers overall.
Stationary Fuel Cells and Hybrid Transit Buses Incremental Costs: The purchase of diesel-electric hybrid transit buses and stationary fuel cells for use in the statewide bus system in Connecticut. Statewide Paratransit Bus Hybrid Program: Purchase 31 paratransit hybrid buses to replace 31 gas and diesel vehicles.
FiSyPAC is a collaborative fuel cell reliability project, initiated in 2006, led by PSA Peugeot Citroën, and financed by the French National Research Agency (ANR). kg H 2 / 100 km in range-extending hybrid mode. Tags: Fuel Cells Hybrids Hydrogen. The event is designed to showcase hydrogen as a fuel source. FiSyPAC poster.
BCG comparison of the CO 2 reduction potential and cost of different technologies. In addition, the cost to the consumer would be about $50 to $60 per percent CO 2 reduction—roughly half the cost of what was expected three years ago. Source: BCG. Click to enlarge.
The IPO enables ADOMANI to use its patented technology to accelerate the design, manufacture and marketing of its electric and hybrid drivetrains for new vehicles and in-use vehicles, including targets of school buses and medium to heavy-duty commercial fleet vehicles.
It is being backed to the tune of $150 million by the Clean Energy Finance Corporation. The scheme is officially restricted to BEVs, but EV Central understands the Commonwealth Bank will also offer the cut rate for plug-in hybrids as well. Government announces scheme to slash the cost of buying new and used electric vehicles.
Automakers can meet the goals by manufacturing hybrids, plug-in hybrids, fuel-efficient gas cars, or any other viable technology that reduces tailpipe pollution. Finance companies affiliated with some automakers offer $7,500 toward leases on EV models, making monthly lease payments very affordable.
Besides investments in property, plant and equipment, the total amount also includes additions to capitalized development costs of €11.6 In particular, the Group will continue to press ahead with the development of hybrid and electric engines. These investments will be financed using the joint ventures’ own funds.
This partnership also builds on XL Fleet’s promise of delivering Electrification-as-a-Service, by giving customers the opportunity to finance or lease the refrigerated trailers and related infrastructure.
Developed in partnership with Commercial Fleet Financing, the shuttle bus is projected to be delivered in early 2018. The cost of the shuttle was funded in part by the California Air Resource Board's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP).
Many of us have built substantial used EV businesses in markets with a lower cost of living, selling to customers who can then reduce their monthly household costs. Omitting the EV Registration Penalty is Right The House proposed an annual $250 EV and $100 hybrid registration fee from the Transportation and Infrastructure Committee.
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 change in vehicle procurement policy will: Cut operating costs of the vehicles by an estimated 41% ($0.21
In particular, the Group will continue to press ahead with the development of hybrid and electric motors. Alongside investments in property, plant and equipment, the plans also include capitalized development costs of €19.5 These investments will be financed from the joint ventures’ own funds. billion (US$26.4 billion (US$1.8
The range extender systems are adapted to the specifications of each battery-powered vehicle model, making this a non-intrusive, integrated hybridization solution. Cell assembly is also simplified, lowering the cost of mass production by more than 50%. Average fuel consumption at full power is 0.3
Alternative propulsion systems include hybrid and electric engines. It would be misleading, however, to include only hybrid and electric vehicles in the “green car” category. High entry costs may exist for new technologies, and therefore lead to high cost of switching to these new technologies for users.
Eight partnering states released their Multi-State ZEV Action Plan as the first promised milestone for the bi-coastal collaboration to pave the way for increasingly large numbers of zero emission vehicles: plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs), and hydrogen-powered fuel cell electric vehicles (FCEVs).
Current trends suggest that barriers to EV adoption such as price, range, selection and charging-time will continue to diminish, as costs come down and technology improves. Total Cost of Ownership: An analysis of 17 popular 2017 models found ZEVs can already be price competitive now, without government incentives.
million Series B financing secured by Skeleton Technologies last year. These electrodes will then be integrated into smaller modules, reducing both the weight and cost of the final energy storage system. The investment was pledged as part of the €9.8-million
In this article, we’re going to check out some of the specs, design, and performance of the Tesla Cybertruck and show you how you can save money on one by financing through EV Life. Clean Cars 4 All. Colorado Electric Vehicle Tax Credit. Massachusetts Offers Rebates for Electric Vehicles. EV Home Charging Installation Incentives.
While LNG is expected to be an early success, the picture becomes more diversified over time, as more than 20% of shipping could adopt hybrid propulsion solutions featuring batteries or other energy storage technologies, according to the paper. DNV GL has released a position paper on the future alternative fuel mix for global shipping.
We’ll also show you how to save a ton of money by financing your purchase through EV Life. For Californians, the CVRP offers rebates of up to $7,500 for the purchase of eligible electric, plug-in hybrid electric, and fuel cell vehicles. Clean Vehicle Assistance Program. Clean Cars 4 All. . Colorado Electric Vehicle Tax Credit.
International agreements on the need to combat climate change, the fluctuating but generally rising costs of marine fuels which account for a large proportion of the running costs of a ship, and developments on a number of other fronts have led many in the industry to question whether the present methods of ship propulsion are sustainable.
4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. There are plenty of state and local EV incentives available to help reduce the cost of your new Volkswagen ID.4. But there’s a better way to finance your Volkswagen ID.4. Volkswagen ID.4
The specific technology—plug-in hybrid electric or pure electric—is not as important as the share that such vehicles represent of the new vehicle portfolio. Establish tax credits equal to 75% of the cost to construct public charging infrastructure in phase one ecosystems. mbd, compared to today’s level of 8.6
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