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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

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This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. Electricity. $/g. by Michael Sivak, Sivak Applied Research.

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New battery-electric vehicles take 5.7% share in Europe in Q1; hybrids 18.4%, gasoline 42.2% , diesel 23.2%

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In the first quarter of 2021, hybrid electric vehicles made up 18.4% Demand for electrically-chargeable cars also increased in Q1: battery-electric vehicles made up 5.7% Sales of traditional fossil-fuel cars continued to decrease in the European Union, although gasoline and diesel still made up 65.4%

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EIA projects global conventional gasoline and diesel LDV fleet will peak in 2038

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In the US Energy Information Administration’s (EIA’s) International Energy Outlook 2021 , released earlier this month, the EIA forecast that the global light-duty vehicle (LDV) fleet will grow from 1.31 billion vehicles in 2020 to 2.21 billion vehicles by 2050.

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4Q 2019: EU diesel demand continues to drop while gasoline gains; plug-ins up 80.5% y-o-y

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In the last quarter of 2019, EU demand for diesel cars further decreased , dropping to 29.5% Gasoline cars accounted for 57.3% of the EU market, while electrically?chargeable chargeable vehicles (ECV) made up 4.4% in 2018), while diesel accounted for 30.5% of new passenger cars in the EU were electrically?chargeable

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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

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UK Prime Minister Boris Johnson confirmed that the government will accelerate the ban on the sale of new gasoline and diesel vehicles, bringing it forward by ten years to 2030, as part of a “Green Industrial Revolution.” The sale of hybrid cars will be allowed until 2035. billion (US$1.7

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

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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). All annual vehicle fuel costs are rounded to the nearest $50.

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Biden says he will convert Federal fleet to electric vehicles

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In remarks made at the signing of his Executive Order on Strengthening American Manufacturing, President Biden said that he would replace the federal government’s fleet of vehicles with electric vehicles made in the US. Gasoline vehicles account for 52% of the inventory (336,056 units); E-85 vehicles for 30% (194,526).

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