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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. worth of electricity as a similar vehicle could travel on a gallon of gasoline. For example, if gasoline costs $3.60 worth of gasoline.

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Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Costs ranged from a low of 0.3%

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Report: China now makes enough batteries for global EV production

Baua Electric

China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours.

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

Green Car Congress

Electric vehicle technology is rapidly improving with battery, charging and smart grid advances that allow us to specify our delivery vehicles to eliminate emissions, noise and dependence on diesel and gasoline. —Carlton Rose, President, Global Fleet Maintenance and Engineering for UPS.

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EV Pricing Could Go The Way Of Gasoline Pricing. In Other News, Sky is Blue

The Truth About Cars

A specter of EV charging prices eventually going the way of gasoline prices, complete with dynamic pricing and unpredictable costs. Something’s gotta give – and it’s likely to be reflected in the cost of public charging. Images: Sundry Photography/Shutterstock; S&P Global] Become a& TTAC insider. The latest?

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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

Driving the sales increase is a forecast significant reduction in battery prices—the result being that during the 2020s EVs will become a more economic option than gasoline or diesel cars in most countries. This would be equivalent to nearly 8% of global electricity demand in 2015. Although some 1.3

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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. Refined products from crude are globally traded commodities, priced in a competitive global market.

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