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

Green Car Congress

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 However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. per year to run—a difference of $633.94

Purchase 321
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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase

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While this sounds like an all-too-logical conclusion, the study reports a 57% reduction in the benefits of driving the fuel efficient car for carbon emissions purely based on the purchase of the second vehicle. What we really wanted to do is see how households are making decisions when they purchase and own more than one vehicle.

Purchase 220
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CMU/Yale study suggests BEVS could be majority or near-majority of cars and SUVs by 2030 given technology trends

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A suggestive market-wide simulation extrapolation indicates that if every gasoline vehicle had a BEV option in 2030, the majority of new car and near-majority of new sport-utility vehicle choice shares could be electric in that year due to projected technology improvements alone.

SUV 397
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Mitsubishi Motors to launch new Mirage global compact in Japan; 1.0L gasoline engine with 64 mpg US

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Mitsubishi Motors Corporation (MMC) will launch the all-new Mirage global compact car at dealerships throughout Japan on 31 August at an MSRP ranging from ¥998,000 to ¥1,288,000 (US$12,800 to $16,500). L/100km) on the JC08 cycle, making the Mirage the most fuel efficient registered gasoline car in Japan. The new Mirage. Earlier post.).

Japan 287
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U-M researchers challenge USPS EV environmental study

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In its analysis of the potential environmental impacts of the Next Generation Delivery Vehicle program, the Postal Service underestimated the expected greenhouse gas emissions from gasoline-powered vehicles and overestimated the emissions tied to battery-electric vehicles, according to U-M researchers. The work was supported by Ford Motor Co.

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Transportation accounted for nearly 16% of household expenditures in 2018

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The largest portion of transportation expenditures was for vehicle purchases. Gasoline and motor oil, public transportation, and other vehicle expenditures such as maintenance, repairs, insurance, etc. Transportation expenditures were second only to housing (33%). were also included in the transportation category.

2018 243