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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.

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EPRI Analysis estimates costs of fully developing US smart grid could reach $476B; benefits up to $2T

Green Car Congress

Total Smart Grid costs. The Electric Power Research Institute (EPRI) has released a broad assessment of the costs and benefits to modernize the US electricity system and deploy the smart grid. The analysis updates EPRI’s 2004 EPRI assessment, which estimated the cost of implementing a smart grid at $165 billion.

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IHS Markit: vehicle miles traveled to increase 65% in key markets by 2040, while vehicle sales slow

Green Car Congress

In a new study, IHS Markit forecasts that vehicle miles traveled (VMT) will by 2040 grow to an all-time high of around 11 billion miles per year (a 65% increase since 2017) in China, Europe, India and the United States—the key markets examined for the study—and will keep growing. IHS Markit, “Reinventing the Wheel.”

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10 Reasons Your Next Car Should Be an EV

Plug in America

EVs are Better for the Environment Over the course of their lifetimes , EVs generate less than half of the GHG emissions of comparable gasoline-powered vehicles. In addition, electricity in the U.S. EVs Cost Less to Fuel Powering your ride with electricity costs about 60% less than buying gasoline. petroleum consumption.

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Hybrid Kinetic H600 microturbine range-extended electric vehicle concept runs 0-100 km/h in 2.9 seconds

Green Car Congress

At the Geneva Auto Show, the China-based Hybrid Kinetic group unveiled the H600 microturbine range-extended electric vehicle sedan concept, produced together with its vehicle design and engineering partner, Pininfarina. The 60 kW microturbine range extender delivers 40% efficiency, low emissions, and a 10000-hour maintenance interval.

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MIT study concludes V2G-enabled electric commercial trucks could offer lower total operating cost than conventional diesel fleet

Green Car Congress

A new study by researchers at MIT’s Center for Transportation and Logistics (CTL), concludes that electric commercial vehicles can cost 9 to 12% less to operate than trucks powered by diesel engines when used to make deliveries on an everyday basis in big cities and when V2G (vehicle-to-grid) revenue is incorporated.

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5 Ways Owning an EV Can Save You Money

Blink Charging

For the time being, some electric vehicles (EVs) are more expensive to buy than their internal combustion engine (ICE) counterparts. Most charging of EVs happens at home and/or at work and the price for electricity is much less than that of gasoline. Compare that to the average price for gasoline in 2021 , which was $3.01