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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

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. This works out to 0.05

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

They are usually delivery vehicles working within a neighborhood, and are on the road for 6-8 hour a day and are recharged overnight. When asked about battery product pricing, Donaghy replied “ Everyone wants to know price, we would agree that we need to get the cost of the energy down. The Edison is a 3.5 gallon in January 2009.

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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

The market for pure BEVs is likely to be limited because their inherently limited driving range and long recharging times, and their high cost, make them less attractive to purchasers looking for an all-purpose vehicle. However, the flexibility and lower costs of PHEVs appear to trump this simplicity, certainly in the nearer term.

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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. A couple of hours at home is sufficient to recharge from a typical daily commute, while overnight charging is needed for longer trips. EVs have finally come of age. passenger vehicles.