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DOE launches “eGallon” to help compare cost of fueling with electricity vs. gasoline

Green Car Congress

The US Department of Energy (DOE) launched the “ eGallon ” as a quick and simple way for consumers to compare the costs of fueling electric vehicles vs. driving on gasoline. Today’s national average eGallon price is about $1.14, meaning that a typical electric vehicle could travel as far on $1.14 worth of gasoline.

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

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DOE updates eGallon prices; Sec’y Moniz highlights growth of PEV sales

Green Car Congress

Ernest Moniz highlighted the continued growth of plug-in electric vehicle (PEV)sales—more than doubling in the first 6 months of 2013 to 40,000 units compared to the same period in 2012—as the US Department of Energy (DOE) released its most recent pricing data showing the low cost of fueling on electricity.

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The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. The Cost of Gas Has a Big Impact on Vehicle Choice. But for many people, one of the most important considerations is the cost of gasoline. SUV and Truck Sales Decreased as Gas Prices Increased.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. The average price of US on-highway diesel was $5.718 per gallon, up $2.432 from a year ago.

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SoCalGas reduces CNG price by $0.26 per gallon at its fueling stations by using LCFS credits

Green Car Congress

SoCalGas) will lower the price of compressed natural gas at all of its 13 public access natural gas vehicle fueling stations by $0.26 Natural gas costs significantly less than gasoline or diesel per GGE. For example, the average pump price at utility compressed natural gas stations was $2.37 Southern California Gas Co.

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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

Green Car Congress

A new study by Bloomberg New Energy Finance (BNEF) forecasts that sales of electric vehicles will hit 41 million by 2040, representing 35% of new light duty vehicle sales worldwide. This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014.

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