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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). —Karplus et al.

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GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

Green Car Congress

GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). 2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). Milovanoff et al.

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4 Powerful Reasons to Choose EV Connect for Your Fleet Charging

EV Connect

If you’re a fleet management provider or original equipment manufacturer (OEM) preparing to switch to an EV solution, you’re ahead of the curve. EV fleet charging is experiencing its very own surge, with fleet charging expected to become a $15-billion market by 2030. Transparent Energy Management What’s your charging strategy?

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U Chicago study proposes market-based approach to fuel economy standards to deal with impacts of fuel price volatility

Green Car Congress

Volatile gasoline prices have caused some regulators and carmakers alike to question the cost and effectiveness of current fuel economy standards, with some arguing they are too stringent and others saying they should be even stronger. —Ryan Kellogg, summarizing his research.

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Electrification gaining momentum in fleet vehicle industry – Charged EVs

Baua Electric

The electrification of commercial vehicles, including trucks, buses and fleet vehicles, is gaining significant momentum globally. According to a report by Smart Energy Decisions , there were more than one million electric vehicles (EVs) in commercial and government fleets in the United States as of 2021, up from just over 300,000 in 2019.

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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”.

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