Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles.

Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

Previous analyses of TCO, particularly those dealing with alternative fuel vehicles (AFVs), have often focused on the purchase cost and the fuel cost. Per-mile maintenance costs by powertrain.


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NREL report finds electrified heavy-duty vehicle powertrains could provide lower total cost of ownership than diesel under certain conditions

Green Car Congress

A new total cost of ownership (TCO) study from the National Renewable Energy Laboratory (NREL) finds that battery-electric and fuel-cell electric commercial trucks could be economically competitive with conventional diesel trucks by 2025 in some operating scenarios.

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 However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually.

2020 260

Benchmark: lithium prices continue to rise

Green Car Congress

Lithium prices continued to rise in November, with Chinese battery-grade prices surpassing the RMB 200,000/tonne (US$31,395/tonne) mark, according to Benchmark’s Lithium Price Assessment.

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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

Green Car Congress

The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. The average cost of a li-ion cell is expected to decline further through the end of the decade, to as low as $73/kWh in 2030. Cost is the name of the game.

2020 286

Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

Green Car Congress

This brief analysis examines the relative cost of the energy from milk and gasoline. The unifying approach involves the use of a common measure of energy—British thermal units (Btu). A cup of whole milk contains 150 Calories of energy. Thus, there are 2,400 Calories in a gallon of milk. This translates to 9,518 Btu per gallon of milk. The average price of conventional (not organic) whole milk in September 2020 was $3.56

2020 260

NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

Green Car Congress

A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged.

2020 255

Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

Green Car Congress

Continuing to speed up the adoption of hydrogen in long-haul transportation, Hydra Energy —the first Hydrogen-as-a-Service provider for commercial fleets—announced a strategic partnership with Chemtrade. The long-term contract is a pillar of Hydra’s Hydrogen-as-a-Service (HaaS) business model and includes Hydra capturing, cleaning, and compressing hydrogen sourced from Chemtrade. of these emissions come from freight transportation.

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DOE: all-electric vehicles have the lowest estimated average annual fuel cost of all light-duty vehicles

Green Car Congress

The estimated annual fuel costs for model year (MY) 2019 all-electric light-duty vehicles are the lowest of all the different vehicle technologies, ranging from a low of $500 to a high of $900 per year, according to the US Department of Energy (DOE).

2019 316

The National Average Cost of Fuel for an Electric Vehicle is about 60% Less than for a Gasoline Vehicle

EV Obssesion

Vehicle Technologies Office Transportation Analysis Fact of the Week #1186 Electric vehicles are more efficient than internal combustion vehicles, but fuel cost comparisons can be complicated due to differences in the units of measure. Department of Energy

PNNL-led project to boost productivity, lower cost of algae biofuels and bioproducts offering collaboration opportunities

Green Car Congress

The Department of Energy’s Pacific Northwest National Laboratory (PNNL) is leading the DISCOVR (Development of Integrated Screening, Cultivar Optimization and Verification) project to help find the best algae strains for biofuels and bioproducts to reduce the cost of producing bioenergy from algae feedstocks. A key cost driver for algae biofuels is productivity, which is directly tied to which algae strain is chosen and how it’s cultivated.

2019 184

Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The newly launched Voluntary Vehicle Fleet Modernisation Programme or the vehicle scrappage policy will help to reduce the cost of manufacturing electric vehicles in India.

Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

Green Car Congress

Cobalt metal prices (cobalt battery metal, min 99.8%, EXW Europe, USD/lb) have risen 15% from the July 2020 issue of Benchmark’s Cobalt Price Assessment to the most recent data published at the end of October 2020.

2020 316

Study puts cost of decarbonizing shipping by 2050 at ~$1.4-$1.9T; largest investment needed in land-based systems

Green Car Congress

trillion—an average of $50 billion to $70 billion annually for 20 years. The report authors note that these figures should be viewed in the context of annual global investments in energy, which in 2018 alone amounted to US$1.85 of CO 2 emissions.

2020 195

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit.

Price 325

Lux Research: cost of electrofuels remains far from viable

Green Car Congress

Production costs per barrel of oil equivalent. The cost of electrofuels—fuels produced by catalyst-based systems for light capture, water electrolysis, and catalytic conversion of carbon dioxide and hydrogen to liquid fuels—remains far away from viable, according to a new analysis by Lux Research. are various sources of hydrogen, such as steam methane reforming of natural gas and gasification of biomass into syngas that can make hydrogen cheaper.

2014 185

ADB: Projected cost of Uzbek Oltin Yo’l GTL plant increases by 37% to $5.6B

Green Car Congress

The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 As originally outlined by founding project partners Sasol, Petronas and Uzbekneftegaz, the project was estimated to cost some $4.1 The scope of the project includes a three-stage GTL process unit, utilities and offsites, and connecting pipeline and rail. The majority of production will be GTL diesel and GTL kerosene.

2014 262

TU Dresden study on external costs of automotive transportation in Europe calls for internalization of the high external costs; raising user prices to change behavior

Green Car Congress

Average external costs from cars per 1,000 vkm by country. A recent study from Technische Universität Dresden (TU Dresden) commissioned by the Greens/European Free Allianace (EFA) in the European Parliament concluded that the cars used within the EU-27 externalize up to about €373 billion (US$493 billion) per year (high estimate) of costs on to other people, other regions and other generations. The low estimate is external costs of €258 billion (US$341 billion).

2012 239

ICL team assesses relative costs of carbon mitigation for 12 H2 production paths; trade-off between cost and level of decarbonization

Green Car Congress

A team at Imperial College London has examined the relative costs of carbon mitigation from a lifecycle perspective for 12 different hydrogen production techniques using fossil fuels, nuclear energy and renewable sources. As with all comparisons between fossil routes and renewables, cost and emissions data are frequently misused by advocates of all parties to push policy-makers and public opinion further along the polarizing debate of the role of fossil fuels in a low-carbon system.

2018 203

Renewable plastic precursor could reduce cost of cellulosic ethanol by >$2/gallon

Green Car Congress

A team of chemical and biological engineers at the University of Wisconsin–Madison has developed a new chemical pathway a way to produce from biomass a valuable compound—1,5-pentanediol, a plastic precursor primarily used to make polyurethanes and polyester plastics—that they estimate could lower the cost of cellulosic ethanol by more than two dollars per gallon. Comparison of costs and MSPs for the DHH pathway with the direct hydrogenolysis pathway.

2017 163

ITM Power reports its estimated cost of producing hydrogen via electrolysis down significantly from last year

Green Car Congress

ITM Power has provided an update on the cost structure of hydrogen generated by its HFuel electrolysis platform. The new estimated cost —US$4.13/kg after capital amortization—incorporates efficiency improvements, cost reduction of its HGas platform and data provided by Hyundai for the ix35 fuel cell electric vehicle ( earlier post ). ITM Power projects hydrogen cost at £4.19/kg (US$6.44/kg), a 32.7% Electricity price. Water price.

2013 255

Tata Motors launches Nexon EV in Nepal at this price

Electric Vehicles India

Tata Motors launches Nexon EV in Nepal at this price. Tata Motors has launched its electric car Nexon EV in Nepal at a starting price of NPR 35.99 The Nexon EV will be available to the customers by booking it at a refundable amount of NPR 25,000.

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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. ”. Fuel cell vehicles can match EV fuel costs at $3/kg dispensed H 2 —a price highly unlikely in near-term, Lux said.

2014 254

Study finds wide range in GHG intensities and production costs of cellulosic ethanol from corn stover, switchgrass and miscanthus

Green Car Congress

A team led by researchers from the University of Illinois at Urbana-Champaign has developed an integrated framework to determine and to compare greenhouse gas (GHG) intensities and production costs of cellulosic ethanol derived from corn stover, switchgrass, and miscanthus grown on high and low quality soils for three representative counties in the Eastern United States. Production cost of ethanol is annualized over the simulation period. 1 of GHG emissions.

2015 231

EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

Green Car Congress

Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). The study is based on pricing for the automotive products for the 2013 model year. The baseline analysis relies on a cost-of-ownership model that examines only current vehicles; current fuel prices; and a relatively conservative set of customer values.

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

2013 200

Lux Research: wide variance in cost of cellulosic feedstocks for bio-based fuels and chemicals

Green Car Congress

In a new report , Lux Research analysts have examined the costs and availability of cellulosic biomass sources for use as feedstock in bio-based fuels and chemicals. billion tons of cellulosic biomass available today—led by 1.2 billion tons of municipal solid waste (MSW) costs vary widely. Corn stover costs $91/MT, palm fruit bunches and fronds vary from $75/MT to $105/MT, while wood residues at $33/MT and bagasse $38/MT.

2014 196

UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). The study — Total Cost of Ownership: A Gas Versus Diesel Comparison —was conducted for Robert Bosch LLC; the results were released at the 2013 Alternative Clean Transportation Expo in Washington DC.

2013 221

Tesla holds lowest vehicle price increase rate as new car prices hit all-time high


Tesla has the lowest vehicle price increase rate from September 2020 to September 2021 of all major automotive manufacturers, a study from Kelley Blue Book shows. The average price of a new car has hit an all-time high in the United States with the average cost increasing by 3.7%

Price 114

Study finds air pollution and GHG costs of crude-by-rail nearly 2x pipeline costs; much larger than spill and accidents costs

Green Car Congress

Researchers from Carnegie Mellon University and the University of Pittsburgh have found that the air pollution and greenhouse gas costs of shipping crude by rail are nearly twice as large as those for oil pipelines. Further, their estimates of air pollution and greenhouse gas costs are much larger than estimates of spill and accidents costs—more than twice as big for rail and more than eight times as big for pipelines.

2017 201

Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

2015 184

Largest US e-bike company Rad Power Bikes reveals new price hikes across lineup


Seattle-based Rad Power Bikes announced earlier this month that prices for its electric bicycles models would be increasing. Now the company has provided full details on the new higher prices.

How To Drive A Tesla Model S Electric Car Free For 18 Months

Green Car Reports

The low cost of electricity compared to gasoline or diesel means driving an electric car typically comes with significant savings per mile, even if not necessarily in purchase price. What could be better than dramatically reduced operating costs? Green Cost Of Ownership costs ownership costs plug-in cars

2015 124

Tesla China raises base Model 3, Model Y RWD prices


Tesla China raised the Model 3 RWD and Model Y RWD’s prices by RMB 4,752 (about $750) recently. The Model 3 RWD now costs RMB 255,652 before options, while the Model Y costs RMB 280,752. . The subsidy applies to new energy cars that cost no higher than RMB 300,000.

China 111

UPS plans to build 9 additional LNG stations at cost of ~$50M

Green Car Congress

UPS plans to invest approximately $50 million to build an additional nine liquefied natural gas (LNG) fueling stations, bringing the total number of stations to 13. Four were announced in April, and all should be operational by the end of 2014. The enhanced LNG fueling infrastructure will support the operation of approximately 1,000 UPS LNG tractors that will displace more than 24 million gallons of diesel fuel annually.

2013 203

Consortium seeks to show total cost of EVs can be less than combustion engine reference car

Green Car Congress

Michelin and Siemens, in cooperation with research partners at Karlsruhe Institute of Technology (KIT) and the Fraunhofer Institute for Systems and Innovation Research ISI, are launching a project to demonstrate that the total cost of electric vehicles can be less than that of a conventional combustion-engined car. million) project will be funded by the BMVBF and the project partners at a ratio of 50:50. —Max Nastold, managing director of e-MotionLine.

2013 204

Why are some EV chargers more expensive than others?

Green Charging

You’re online looking at an array of EV chargers. Since we live in a world of scarce resources, it pays to be more economical. Do not fear, in this article, we discuss why some EV chargers are more low-priced than others. There are various types of EV chargers.

Ford poll finds Europeans want freedom of car ownership, but worry about traffic, cost of driving, environment

Green Car Congress

A new Ford Motor Company-sponsored poll of 6,000 people across Europe found that most Europeans remain committed to car ownership, but have growing concerns about traffic congestion, the cost of driving and the environment. The Ford survey showed the majority of people say life would be “impossible” without a car; however 76% of Europeans say they are affected by stress from traffic congestion and fuel prices.

2012 261

"Transmission Losses" - The Cost of Bio-fuels

Plugs and Cars

The Times has story of the consequences of crop production for bio-fuels: higher food prices and tragic irony.last year, 98 percent of cassava chips exported from Thailand, the world’s largest cassava exporter , went to just one place and almost all for one purpose: to China to make biofuel.It can be tricky predicting how new demand from the biofuel sector will affect the supply and price of food.

2011 100

Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

Green Car Congress

Provisional 2030 economic impact of achieving the 2020 targets in the two Phase I scenarios—Current Policy Initiatives and Tech 1— compared to baseline. A report published by Cambridge Econometrics and Ricardo-AEA concludes that overall, the cost of technologies required to meet proposed European 2020 CO 2 regulations for vehicles (95 g/km for cars and 147 g/km for vans) will be more than offset by the resultant fuel savings.

2013 221

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. The research estimates that the growth of EVs will mean they represent a quarter of the cars on the road by that date, displacing 13 million barrels per day of crude oil but using 1,900 TWh of electricity. However, that cost comparison is set to change radically in the 2020s.

2016 200

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

Green Car Congress

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. With declining production from the world’s largest fields putting 12% of world oil production at risk, and oil prices in a range that justify large capital budgets, spending is expected to reach $300 billion by 2020 and $400 billion by 2033. Cost to replace each barrel of oil produced.

2012 196