24 Nov '14, 10am

Lux Research: fuel cell vehicles lag other drivetrains in terms of cost of ownership; ICE

Lux Research: fuel cell vehicles lag other drivetrains in terms of cost of ownership; ICE

Lux Research: fuel cell vehicles lag other drivetrains in terms of cost of ownership; ICE and HEV lowest cost 24 November 2014 Based on an analysis of various cost of ownership scenarios for various drivetrains, including internal combustion engine (ICE) gasoline and diesel; hybrid (HEV); battery-electric (EV); plug-in hybrid electric (PHEV); and fuel cell vehicles, Lux Research concludes that fuel cell vehicles (FCVs) are “solidly in a laggard position. ” The Lux analysts ran scenarios associated with operation and ownership, broken out into fuel cost alone; fuel cost plus operation, but excluding purchase or lease; and fuel cost plus operation, including purchase or lease (total ownership cost). When looking at fuel cost only, EVs lead the way due to the relatively low price of electricity, followed by various types of hybrids (HEVs and PHEVs). Fuel cell vehicles can mat...

Full article: http://www.greencarcongress.com/2014/11/20141123-luxh2.html

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