A lifecycle analysis by Vincentric found that total cost of ownership (TCO) for electric vehicles underperforms plug-in hybrid electric and traditional hybrid model counterparts. Running EVs more miles per year has a substantive positive impact on TCO.
Do electric vehicles really cost less to own than gasoline and hybrid vehicles? The State of Washington thinks so — it spent nearly $4,000 less for a Chevrolet Bolt EV in comparison to a hybrid sedan.
When considering an alternative-fuel vehicle option, such as natural gas, there may be some additional up-front costs; however, overall lifecycle costs are proving the decision to be a sound option.
With reasonable duty cycles, electric vehicles can work for fleet — and they return favorable overall ownership costs.
The 2015 Ford F-150 has been rated to have the lowest impact on the environment, lowest cost of ownership, and the top-rated production chain in terms of social justice among full-size pickup trucks, according to an automotive research firm.
BOULDER, CO – While alternative-fuel vehicles carry an upfront cost premium, the total cost of ownership over the lifetime of the vehicle can be lower than conventional internal combustion engine vehicles, according to Pike Research.
WASHINGTON -- The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE) has launched a new vehicle cost calculator and accompanying widget. These online tools are now available on DOE's Alternative Fuels and Advanced Vehicles Data Center (AFDC), currently celebrating its 20th anniversary.
By comparing the TCO of diesel, E-85, CNG, hybrid, and electric vehicle options with similar gasoline-fueled vehicles, fleet managers can determine the total cost of integrating alt-fuel vehicles into the fleet.
Higher fuel prices and moderating acquisition costs have improved hybrids’ return on investment in recent years. Diesels step into the “green” spotlight with new models and strong lifecycle costs.
Turnover in diesel fleets happens slowly. The average service life for a medium-duty truck is 5-10 years, while a short-haul owner-operator heavy-duty truck typically has the lifespan of 18-20 years. Despite the 2007 and 2010 diesel emission standards, tens of thousands of older, dirtier trucks will remain on the road into the next decade. Is there a way to accelerate the turnover of pre-2007 diesel trucks? One way is a Cash for Clunkers program specifically for work trucks.
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