Remove Cost Of Remove Gasoline-Electric Remove Grid Remove Transportation
article thumbnail

BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.

article thumbnail

UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

Green Car Congress

UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. Modec fully electric vehicle with a cab forward design used in London.

Cost Of 223
article thumbnail

EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

Green Car Congress

Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. Plug-In Electric Vehicles (PEVs). Source: EPRI. Click to enlarge. trillion and $2 trillion.

EPRI 239
article thumbnail

Con Edison helping NYC drivers shift to EVs with more places to charge up

Green Car Congress

There are now more than 29,000 electric vehicles registered in New York City and Westchester, including 1,262 added in February, the most recent month for which data are available, according to Con Edison, the electricity, gas and steam utility for New York CIty and Westchester County, NY. Electrifying Con Edison’s Fleet of Vehicles.

article thumbnail

Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

Green Car Congress

Danish Minister for Transport Trine Bramsen, Aalborg municipal government representatives, and European media were invited to witness the first test runs of Geely methanol vehicles on Danish roads and visit the e-methanol production facility at Aalborg University. Both have their own advantages and together complement each other, Geely says.

Denmark 446
article thumbnail

Study finds all-electric rideshare fleet could reduce carbon emissions, but increase traffic issues

Green Car Congress

Major ridesourcing companies Uber and Lyft have promised all-electric fleets by 2030 in an effort to reduce their carbon footprint. Overall, electrification reduces net external costs to society by 3–11% (5–24¢ per trip), depending on the assumed social cost of carbon.

Fleet 195
article thumbnail

Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

Green Car Congress

Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. In addition, around half the vehicles that will be on the road in 2030 have already been sold—most with gasoline or diesel engines. Storage and transport.

Renewable 300