{"id":62,"date":"2017-09-15T20:17:46","date_gmt":"2017-09-15T20:17:46","guid":{"rendered":"http:\/\/treekode.com\/themes\/hazel\/multipage\/?page_id=62"},"modified":"2023-07-20T15:02:09","modified_gmt":"2023-07-20T15:02:09","slug":"consumer-vehicle-savings","status":"publish","type":"page","link":"https:\/\/www.2035report.com\/transportation\/consumer-vehicle-savings\/","title":{"rendered":"Consumer Vehicle Savings"},"content":{"rendered":"<p>[vc_row][vc_column]\n\t\t\t\t<p class=\"rs-p-wp-fix\"><\/p>\n\t\t\t\t<sr7-module data-alias=\"banner-1\" data-id=\"6\" id=\"SR7_6_1\" class=\"rs-ov-hidden\" data-version=\"6.7.52\">\n\t\t\t\t\t<sr7-adjuster><\/sr7-adjuster>\n\t\t\t\t\t<sr7-content>\n\t\t\t\t\t\t<sr7-slide id=\"SR7_6_1-6\" data-key=\"6\">\n\t\t\t\t\t\t\t<sr7-bg id=\"SR7_6_1-6-1\" class=\"sr7-layer\"><noscript><img decoding=\"async\" src=\"https:\/\/www.2035report.com\/transportation\/wp-content\/uploads\/2020\/05\/1_Consumer-Vehicle-Savings-1.jpg\" alt=\"\" title=\"1_Consumer-Vehicle-Savings\"><\/noscript><\/sr7-bg>\n\t\t\t\t\t\t<\/sr7-slide>\n\t\t\t\t\t\t<sr7-slide id=\"SR7_6_1-23\" data-key=\"23\">\n\t\t\t\t\t\t<\/sr7-slide>\n\t\t\t\t\t<\/sr7-content>\n\t\t\t\t\t<image_lists style=\"display:none\">\n\t\t\t\t\t\t<img data-src=\"\/\/www.2035report.com\/transportation\/wp-content\/uploads\/2020\/05\/1_Consumer-Vehicle-Savings-1.jpg\" data-libid=\"11659\" data-lib=\"medialibrary\" title=\"1_Consumer-Vehicle-Savings\" width=\"0\" height=\"0\" data-dbsrc=\"Ly93d3cuMjAzNXJlcG9ydC5jb20vdHJhbnNwb3J0YXRpb24vd3AtY29udGVudC91cGxvYWRzLzIwMjAvMDUvMV9Db25zdW1lci1WZWhpY2xlLVNhdmluZ3MtMS5qcGc=\"\/>\n\t\t\t\t\t<\/image_lists>\n\t\t\t\t<\/sr7-module>\n\t\t\t\t<script>\n\t\t\t\t\twindow.SR7 ??={};SR7.PMH ??={}; SR7.PMH[\"SR7_6_1\"] = {cn:100,state:false,fn: function() { if (window._tpt!==undefined && window._tpt.prepareModuleHeight !== undefined) {  _tpt.prepareModuleHeight({id:\"SR7_6_1\",el:[575,575,768,960,720],type:'hero',shdw:'0',gh:[575,575,,,],gw:[1240,1240,1024,778,480],vpt:['-100px'],size:{fullWidth:true, fullHeight:false},mh:'0',onh:0,onw:0,bg:{color:'{\"orig\":\"transparent\",\"type\":\"solid\",\"string\":\"transparent\"}'},plType:'0',plColor:'#FFFFFF'});   SR7.PMH[\"SR7_6_1\"].state=true;} else if(SR7.PMH[\"SR7_6_1\"].cn-->0)\tsetTimeout( SR7.PMH[\"SR7_6_1\"].fn,19);}};SR7.PMH[\"SR7_6_1\" ].fn();\n\t\t\t\t<\/script>\n[\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_empty_space height=&#8221;80px&#8221;][vc_custom_heading text=&#8221;Switching to All-Electric Cars and Trucks Would Save Consumers Trillions&#8221; font_container=&#8221;tag:h1|text_align:center&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_empty_space height=&#8221;40px&#8221;][vc_column_text]Electric car sales have historically been hindered by higher costs. However, on a total cost of ownership (TCO) basis, electric heavy-duty trucks are now <a href=\"https:\/\/www.2035report.com\/transportation\/data-explorer\/\">cheaper to own<\/a> and operate than an internal combustion engine vehicle, and light-duty vehicles will hold a TCO advantage within the next five years. Electrifying all cars and trucks by 2035 yields cumulative economic savings of <strong>approximately $2.7 trillion through 2050 compared to the No New Policy scenario<\/strong> &#8212; a household savings of about <strong>$1000 per year on average<\/strong> over the next 30 years. Electrifying light-duty vehicles by 2030, five years faster than many existing policy proposals, is critical to benefits realized, <strong>saving $460 billion<\/strong> more than delaying that transition by five years.[\/vc_column_text][vc_empty_space height=&#8221;40px&#8221;][vc_single_image image=&#8221;11784&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221;][vc_empty_space height=&#8221;40px&#8221;][\/vc_column][vc_column width=&#8221;1\/6&#8243;][\/vc_column][\/vc_row][vc_row][vc_column]<div class=\"ult-spacer spacer-69e5ea34bcc84\" data-id=\"69e5ea34bcc84\" data-height=\"100\" data-height-mobile=\"40\" data-height-tab=\"\" data-height-tab-portrait=\"\" data-height-mobile-landscape=\"40\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/6&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_empty_space height=&#8221;80px&#8221;][vc_custom_heading text=&#8221;Switching to All-Electric Cars and Trucks Would Save Consumers Trillions&#8221; font_container=&#8221;tag:h1|text_align:center&#8221; use_theme_fonts=&#8221;yes&#8221;][vc_empty_space height=&#8221;40px&#8221;][vc_column_text]Electric car sales have historically been hindered by higher costs. However, on a total cost of ownership (TCO) basis, electric heavy-duty trucks are now cheaper to own and operate than an internal combustion engine vehicle, and light-duty vehicles will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11919,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page.php","meta":{"footnotes":""},"class_list":["post-62","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Switching to All-Electric Cars and Trucks Would Save Households Trillions<\/title>\n<meta name=\"description\" content=\"Modeling results show that an all-electric car and truck future is not only possible, but it could also save us trillions of dollars.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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