Remove Cost Of Remove Gasoline-Electric Remove Industrial 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

Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. transportation sector. transportation sector. . transportation sector. —Elgowainy et al.

article thumbnail

UK to invest £200M in fleet of zero-emission heavy-duty trucks

Green Car Congress

UK Transport Minister Trudy Harrison announced more than £200 million (US$244 million) of government funding will be injected into an extensive zero-emission road freight demonstrator program. Our road freight industry is one of the most efficient in the world and contributes over £13 billion to the UK economy each year.

Emissions 359
article thumbnail

Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

This reversal in 2022 was primarily driven by a drop in emissions from the electric power sector, mostly due to the displacement of coal by natural gas and an increase in renewable energy. Little change in transportation and industry. Outside of the power sector, emissions increased slightly. and 1.5%, respectively.

Emissions 273
article thumbnail

Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.

Michigan 199
article thumbnail

EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

Green Car Congress

EIA’s Annual Energy Outlook 2019 projects continued robust growth in US energy production, emergence of the United States as an energy exporter, and a cleaner S electric power generation mix. This growth arises from increases in air transportation outpacing increases in aircraft fuel efficiency.