Gas has to cost $3 a gallon before it affects vehicle choice, study says

Gas pumpContinuing low gas prices are often blamed for the current popularity of crossover utilities and SUVs, along with any sales struggles green cars may experience. But would a sudden increase in gas prices cause shoppers to flock to more fuel-efficient vehicles? If so, how high would gas prices have to get in order for consumers to start changing...

Real-world new-car fuel economy in 3-year plateau

Fuel gaugeFor nearly a decade, the average fuel economy of new cars sold in the U.S. steadily increased—but that moment has stalled in recent years. Low gas prices and increased consumer interest in SUVs has caused new-car average fuel economy to plateau and, in the case of 2016's figures, decline slightly. The average fuel economy of new cars sold in...

How much have electric-car battery costs fallen? This much!

Lithium-ion cell and battery pack assembly for Nissan Leaf electric car in Sunderland, U.K., plantHigh costs of lithium-ion battery cells have been one of the main hindrances to large-scale electric-car adoption, as they typically lead to higher purchase prices for electric cars than comparable internal-combustion models. But electric-car battery prices are falling fast, according to one recent study. Global Trends in Renewable Energy, calls...

We’re there! Renewables now cheapest unsubsidized electricity in U.S.

Photovoltaic solar power field at Volkswagen plant in Chattanooga, TennesseeOver the past few years, the cost of electricity generation from renewable-energy sources has decreased dramatically. So much so, that renewable energy may have just hit an important milestone, according to one study. In the U.S., wind and solar power are now cheaper sources of electricity than natural gas—even without subsidies. DON'T MISS...

Carmakers must cut carbon rapidly to evolve, shareholders say

2016 Nissan LeafStricter global emissions standards are putting significant pressure on carmakers to improve fuel efficiency and make greater use of electric powertrains. But that may not be the sole force driving automakers toward reduced carbon emissions. Cutting emissions is also a priority for at least some of their investors, it seems. DON'T MISS: India, EU...

Electric cars to dominate on roads of wealthy cities by 2030: report

2017 BMW i3Within the next 15 years, the world's wealthy cities could be teeming with electric cars. That's the prediction of a new report, which claims electric cars could account for two thirds of the cars on the roads of 50 major world cities by 2030. Researchers predict that a combination of growing consumer interest and stricter emissions standards will...