Information on policy issues influencing transportation electrification. Our dashboards integrate data on laws, regulations, proposed legislation, public agency requests and awards, and electric utility filings with market data, demographics, and environmental factors.
ALL PUBLIC POLICY CONTENT FOR LOGGED IN USERS ONLY
Key trends in the EV market at both a global and national level. It overlays public policy and demographic characteristics with data on EV sales and EV and charging deployment. The inclusion of global trends situates the U.S. within the international transportation electrification market.
ALL MARKET DATA CONTENT FOR LOGGED IN USERS ONLY EXCEPT LINKS MARKED WITH *
This section holds a majority of the EV Hub’s free tools and resources. It includes original research, reports and case studies, news tracking and analysis, and events. This is where the we present our original takes on the most important developments in transportation electrification.
In order to accurately compare the costs of two vehicles, the total cost of ownership (TCO) should consist of all costs related to both purchasing and operating the vehicle. This TCO analysis builds on previous work to provide a comprehensive perspective of all relevant vehicle costs of ownership. In this report, the authors present what they believe to be the most comprehensive explicit financial analysis of the costs that will be incurred by a vehicle owner. This study considers vehicle cost and depreciation, financing, fuel costs, insurance costs, maintenance and repair costs, taxes and fees, and other operational costs to formulate a holistic total cost of ownership and operation of multiple different vehicles. For each of these cost parameters that together constitute a comprehensive TCO, extensive literature review and data analysis were performed to find representative values in order to build a holistic TCO for vehicles of all size classes. The study finds that Electric and electrified powertrains have lower maintenance and repair costs than internal combustion engine (ICE) powertrains for all vehicle sizes, relative to vehicle price. While the HEV begins as the lowest cost powertrain for passenger vehicles, fuel cells are forecast to reach cost parity by 2030 when hydrogen prices reach $5/kg while battery electric vehicles (BEV) reach cost parity by 2035 at a battery cost of $98 per usable kWh of capacity, with these two technologies being the lowest cost in 2050.