article thumbnail

Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

Purchase 321
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

Tesla X is OCTA’s first all-electric vanpool vehicle

Green Car Congress

The Orange County (CA) Transportation Authority (OCTA) has a Tesla Model X SUV as its first all-electric vehicle in the OCTA Vanpool program. The Tesla X is provided by Green Commuter, one of three vanpool companies contracted by OCTA to provide vehicles to commuters in Orange County to help them share the ride as they travel to work.

article thumbnail

US DRIVE releases comprehensive cradle-to-grave analysis of light-duty vehicle GHGs, cost of driving and cost of avoided GHGs

Green Car Congress

The study provides a comprehensive lifecycle analysis (LCA), or cradle-to-grave (C2G) analysis, of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways, as well as the levelized cost of driving (LCD) and cost of avoided GHG emissions. Levelized cost of driving (LCD). no scenario analysis.

Cost Of 150
article thumbnail

LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

Tesla’s ( NASDAQ:TSLA ) Q1 2024 earnings call comes on the heels of the company’s Q1 2024 Update Letter , which was released after the closing bell on Wednesday, April 23, 2024. Tesla posted total revenues of $21.3 Tesla also posted $1.2 He thanks the company and his peers in the Tesla executive team for the experience.

Tesla 117
article thumbnail

Lux Research: fuel cell vehicles lag other drivetrains in terms of cost of ownership; ICE and HEV lowest cost

Green Car Congress

Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “ solidly in a laggard position. ”.

Cost Of 308
article thumbnail

ZEV Station debuts charging in Palm Springs; awarded $2.7M for ZEV infrastructure

Green Car Congress

ZEV Station is helping to help remove the vehicle from the carbon equation with ultra-fast, carbon-free fuel for both electric and hydrogen vehicles. The charging dispensers have the capability of SAE J1772 CCS1 and Tesla charging allowing both types of vehicles to charge. ZEV Fleet All Electric Step Vans (Class 2).

Charging 293