Whatever. The bottom line is that they are happy with the savings and plan to procure more EV's. For Loveland they write: Through seven months of operation, the two vehicles have traveled just 4,000 and 2,000 miles respectively. Despite this low total mileage, the city estimates that if the
vehicles travel 6,000 miles per year, the total costs of owning and operating equate to just 17 cents per mile in comparison to 29 cents per mile for the fleet passenger cars fueled by gasoline—a 41 percent reduction in cost. This is a result not only of the higher efficiency of electric drivetrains versus conventional internal combustion engines, but also the large divergence between the price of gasoline and the price of electricity. For example, gasoline prices in Colorado averaged just below $3.50 per gallon in 2012 (and fluctuated from a low
of just under $2.00 per gallon and a high of $3.90 per gallon In contrast to gasoline prices, electricity costs in the Loveland area are 6 cents per kWh between October and June, and 7 cents per kWh between July and September. Therefore, even at the higher electricity price, the cost of driving can be estimated at just 2.4 cents per mile for a BEV versus 14.6 cents per mile for a gasoline-powered vehicle that achieves fuel economy of 24 miles per gallon (at $3.50 per gallon). To improve the value proposition of its BEVs further, the city is aiming to use them for 8,000 to 10,000 miles of driving each per year.
Well at least you are now willing to recognize the elephant in the room: COST The buses had good availability numbers I've read.
The benefits are highly dependent on high utilization rates thru vehicle sharing and the use of wireless reservations. Cars can also remotely show the state of charge so that fleet managers can remove low state of charge vehicles from the reservation system. Truly smart cars..
City officials in Houston estimate that the city’s 27 Nissan LEAF electric vehicles will save the city $110,000 annually compared to internal combustion engine vehicles. A similar study examining Loveland, Colo. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles.
Houston first began using electric vehicles for the environmental benefits they offer, but now we are planning to add even more EVs to our fleet because of the cost savings they bring. We project that electric vehicles will save the city $110,000 per year in reduced fuel and maintenance, costs that we would otherwise have to spend on gas-powered vehicles. Also, our new car sharing program FleetShare, which we developed with ZipCar, provides easy access to the vehicles for Houston’s employees.
—Laura Spanjian, director of sustainability for the City of Houston
Loveland needed to do something about rising fuel costs, and electric vehicles have proven to be a great solution, saving us about 41 percent overall compared to gas-powered vehicles. In tough economic times, these savings cannot be ignored. Loveland is now aiming to convert all of its light-duty fleet vehicles that work within a close distance of the city to EVs.
—Loveland Mayor Cecil Gutierrez
The one's who are striking first are investors who are taking profits in these stocks as the latest round of retail investors have driven up share prices. Be careful with hygs, they less than 5M shs in the float due to a 1 for 25 RS in 2010. IMO they are currently overvalued. With any profit taking or change in sentiment the stock could fall fast and hard due to the same drivers that has ran it up: It has a very small float and is thinly traded.
You guys are missing the elephant in the room. Subsidies. There was only so much money to be spent. Even if they produced the hydrogen locally the buses would still be more expensive to own and operate than diesels. If Whistler transit is so commited to being green as they say I wonder why they don't use any of the various alternatives to Diesel that are available now. Could it be they put all their green eggs in the hydrogen basket and got burned?
There goes any credibility you might of had. This is your retirement plan? Thats funny.
Where is the demand for FCV's?? It's good to see this advanced stop start, I have been wondering why they didn't incorporate the coasting mode from the start. I imagine in a few years SS will be standard on all cars.
I have read that: "the operation of these more expensive rail systems, which can carry many more people than buses but have a unit cost per hour of up to three times that of a bus." And "The ever increasing capital cost of light rail networks has recently caused observers in other cities to think of ways that transit could be improved for less money. Thus, the concept of bus rapid transit (BRT) was born. By mimicking what they believed set light rail apart from the common bus system - special vehicles, fare prepayment, and (sometimes) segregated right of way, bus rapid transit proponents believed they could achieve all the goals of light rail at a fraction of the cost. Although the concept of bus rapid transit has been successfully implemented in other cities such as Ottawa, Pittsburgh, and Curitiba, Brazil since the 1970s it has only been in the past ten years that bus rapid transit systems have come on line in the United States."