Cars That Think

MARCH 16, 2024

Cost parity between battery- and petrol-powered vehicles will happen by 2026 in the U.S. Meanwhile, strong government policy and financial incentives from these countries are laying the groundwork for a more robust EV industry to hit the marketplace as the cost of EV ownership continues to fall.

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Baua Electric

FEBRUARY 5, 2024

According to SMMT, volatility in BEV supply has been expected and is likely to continue as manufacturers adjust product allocation following the last-minute resolution over UK-EU rules of origin, which had threatened to apply tariffs to EVs, restricting affordability. However, while fleet and business demand for BEVs grew by 41.7%

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EV Central

FEBRUARY 26, 2024

Volvo says that’s because keeping the old name for the petrol and hybrid makes it easier to distinguish between combustion and all-electric power. Speaking of power Volvo says as well as renaming both its most affordable EVs it will introduce the option of a new power boost for both the EX40 and the EC40. 2024 Volvo EX40.

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My Electric Car

AUGUST 25, 2019

A little extra cash in your pocket might help you make a decision, especially if your only objection is the cost of exchanging your petrol model for a new, electric one. Beyond netting you some extra cash from the government, an electric car can also help you save on running costs.

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Push EVs

JULY 10, 2023

YoY), with both Petrol share (35.8%) and Diesel share (9.3%) hitting record lows. Long term running costs of BEVs, and total cost of ownership, are still advantageous compared to equivalent ICE vehicles, and those consumers who can still afford to be in the market for a new vehicle are increasingly turning towards BEVs.

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Push EVs

MAY 9, 2023

All other powertrains lost volume YoY, with petrol-only vehicles at their 2nd lowest volume of the modern era (just 112 units), and 3rd lowest share ever, just 1.25% of the auto market. In my view, the remaining few percent will still depend on new BEVs in the affordable sub-compact class (BYD Seagull anyone?), to 7,471 units.

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Baua Electric

MAY 18, 2024

One cannot link disposable incomes and affordability to the fall in the hatchback segment’s contribution, he said. “It This shift reflects a growing trend where customers prioritise affordability and value. Also, the availability of financing options means more people can afford to buy a used car,” he explained.

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Drive Electric

JUNE 19, 2023

It is rapidly becoming clear that electric vehicles will replace petrol and diesel ICE vehicles in most use cases. New Zealand currently has 4 million passenger cars in its fleet, the vast majority of which are fuelled by petrol and diesel. It is significantly more cost effective to install charge points in new builds.

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Push EVs

APRIL 7, 2023

Petrol-only vehicles, and HEVs, were essentially flat YoY, and diesels were down by over a third. Petrol share looks set to regularly slide under 20% in Q3 or Q4 this year. It terms of volumes, BEVs were up nearly 38% YoY, while PHEVs were down by some 19%. 4 has likewise been shuffled down a spot, into 3rd.

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EV Connect

AUGUST 28, 2023

We can’t expect the market to move en masse towards electric until the public recharging network matches the landscape for petrol-powered vehicles. To put that in context, we need to explore the cost of charging an electric car at a public charging station, and see how businesses can reduce EV charging station costs.

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Get Electric Vehicle

AUGUST 29, 2023

Lower Fuel Expenses Electric cars often incur reduced fuel costs since electricity is usually less expensive than petrol or diesel. The cost of AC kits is often higher, but they offer better efficiency and regenerative braking. Battery Costs Batteries constitute a major chunk of the expenses.

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Baua Electric

JANUARY 6, 2024

The hybrid vehicles — dual powered by a petrol engine and an electric motor — are gathering strong traction amongst SUV buyers versus all electric battery-operated passenger vehicles. The price premium between a hybrid and EV equivalent over petrol, hybrid is better off, despite high GST.” Hybrids cost about Rs 2.5

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Drive Electric

FEBRUARY 1, 2022

An all-electric Mercedes-Benz SUV that’s more affordable than its bigger brother; the EQC. Calculated using UK average energy cost of 14p per kW – find out more about how much it costs to charge an electric car ). Cost per mile : As little as 3.4p calculated using UK average energy cost of 14p per kW).

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Baua Electric

MARCH 31, 2024

They point to the sustained demand throughout FY2024 in consumer and market demand for EVs, in the face of stiff petrol and diesel prices as well as CNG (which were marginally reduced in early March 2024 after a long hiatus). This will lead to enhanced optimisation of costs and in turn EV affordability. million in FY2024.

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Get Electric Vehicle

MAY 29, 2021

According to BloombergNEF estimates, larger vehicles such as hybrid sedans and SUVs would be as inexpensive to manufacture as petrol and diesel models by 2026, with compact cars crossing the threshold the following year. Now let us look into few things that would make the cost of owning an EV much cheaper than that of an IC engine vehicle.

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Push EVs

JULY 14, 2023

Since diesel-only powertrains were anyway not usually sold at the very lowest vehicle price points, the modest extra cost of a mild-hybrid system can be swallowed more easily than it can in the least expensive petrol vehicles.

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Wallbox

JUNE 30, 2021

The accumulation of these EV tax breaks, plus the hefty 25% tax on fossil-fuel cars, means that EV models in Norway are often more affordable than fossil-fuel cars, even without the EV subsidies that are available in other countries. On top of this, EVs have a lower lifetime cost of ownership: another advantage over gas cars.

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Baua Electric

JANUARY 28, 2024

Given their level of affordability, the electric two- and three-wheeler sub-segments will always be the volume drivers. A deep dive into the EVreadyIndia dashboard, which consolidates sales data for all 34 Vahan states and Union Territories, and also Telangana, till end-December 2023, provides some interesting takeaways.

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Plug In India

FEBRUARY 1, 2022

Many of you want to convert your existing petrol/diesel cars into electric cars. The costs of such a conversion will usually be based on your range requirements. Usually, for a 150+ km range car, the cost is around 5-6 lakhs. But, for this expense, you'll get a zero-emission vehicle that costs only a few rupees per km to run.

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Green Cars News

SEPTEMBER 1, 2009

FoE’s transport campaigner David Powell said: “Increasing fuel tax is the right thing to do – road transport accounts for a quarter of the UK’s carbon emissions, but in the last decade the overall cost of driving in real terms has fallen. Others however are less sympathetic towards the spiralling cost of petrol and diesel.

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Cars That Think

JANUARY 28, 2023

Greenpeace , on the other hand, argues that sales of all diesel and petrol vehicles, including hybrids, must end by 2030 to meet such a target. The cost of doing each is daunting, and the total cost goes up as you concatenate them.” Concatenated costs also include changing multiple personal behaviors. For the U.S.

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Get Electric Vehicle

JUNE 7, 2023

3 Cost and Affordability: Initially, electric vehicles were more expensive than traditional ICE vehicles due to the high cost of batteries and limited economies of scale. The higher upfront costs made EVs less accessible and less attractive to a broader consumer base. A petrol car has an efficiency of 28%.

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Baua Electric

FEBRUARY 7, 2024

Additionally, electric scooters are cost-effective. With rising fuel prices, electric scooters provide a cost-saving solution as they require less maintenance and no petrol or diesel. This competition has led to advancements in technology and affordability, making electric scooters more accessible to the masses.

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Baua Electric

MARCH 23, 2024

The logistics sector is making significant investments in this space to make its operations more affordable and environmentally friendly. Advantages of EVs When it comes to operating costs, using EVs is more advantageous than using vehicles powered by ICE. Therefore, choosing EVs for the last-mile delivery system is a wise move.

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EVolution

JANUARY 29, 2021

Driving electric is becoming more popular, but a common question we get is 'how much cheaper is it than petrol, really?'. litres of fuel per 100kms at a cost of 143c per litre for unleaded petrol. So, to travel 100,000km in a standard ICE would cost over $15,000 dollars. That’s a lot of money and a lot of petrol!

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Drive Electric

FEBRUARY 8, 2021

That’s why the government has banned the sale of petrol and diesel cars from 2030. One of the big concerns we encounter when people are considering switching to an electric vehicle (EV) , is that they think it’s going to be much more expensive than a petrol or diesel car. How much does it cost to run an electric car?

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Green Cars News

SEPTEMBER 29, 2009

He went on to state that it is “not enough to build niche vehicles that only a few can afford to buy or fulfil only a small subset of customer needs.”. The primary concerns with plug-in hybrid technology appear to be the fuelling infrastructure and lowering costs. Does Toyota have a point?

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EV Central

AUGUST 10, 2022

As well as lowering the costs of refuelling and servicing, there’s less time in shuffling cars around due to their simpler operation and the relative ease of recharging. Electric cars are more expensive to buy than petrol-powered alternatives, but there are big benefits in lower running costs. EVs to change the rental car model.

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Drive Electric

JULY 6, 2021

This is in contrast to petrol and diesel cars, which will have progressively lower resale values as we move towards 2030 when new sales will be banned. Even though it’s becoming easier to find second-hand EVs, there’s still a real shortage compared to petrol and diesel models. Affordable. Availability issues.

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Plug In India

OCTOBER 18, 2021

Video: Electric Car Watch #1: Electric Car Disruption will destroy ICE Electric Car FUD The first thing I want to talk about is the constant FUD -- fear, uncertainty, and doubt -- regarding electric vehicles propagated by ICE car CEOs, the media, ICE-car-centric magazines and websites, and petrol heads. Imagine you have a petrol car.

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Drive Electric

NOVEMBER 24, 2021

A plan is necessary to provide certainty to business and consumers that a future transport system will be affordable, convenient, safe and sustainable. New Zealanders need access to safe, affordable, convenient and sustainable travel choices. It will take considerable time to fully transition the fleet to zero emissions.

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Get Electric Vehicle

APRIL 25, 2023

The company sees a market in small electric cars which are affordable by many people and useful for city travel. Cost of the vehicle MG Motor India President and MD Rajeev Chaba say “As per our survey, people spend Rs. 5,000 a month for petrol. In addition to that, maintenance costs are also huge.”

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Drive Electric

JUNE 16, 2021

Thankfully, the UK Government has taken the crucial step of banning the sale of all new petrol and diesel cars by 2030. EVs are far less reliant on these dirty fuels than petrol and diesel cars, especially when batteries are charged using renewable energy. That’s a huge saving compared to cars with petrol or diesel engines.

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Tony Karrer Delicious EVdriven

APRIL 17, 2009

Hearts and minds But he admits that lack of awareness is not the only thing preventing a sceptical public from seeing EVs as a feasible alternative to the petrol and diesel cars they know and love. The cost of ownership for EVs is still quite high. The cost of batteries is not a problem when this is organized in the right way.

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Get Electric Vehicle

OCTOBER 27, 2023

This includes battery technology, electric drivetrains, and other components to improve efficiency, range, and affordability. This reduces the cost of purchasing and maintaining an EV significantly. Also, another important thing to keep in mind is finding ways to manufacture the EVs economically, safely and environmentally friendly.

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Drive EV

MARCH 19, 2021

In the statement OZEV said the grant is now updated to “target less expensive models and reflect a greater range of affordable vehicles available, allowing the scheme’s funding to go further and help more people make the switch to an electric vehicle. Additionally, MG has committed to topping up the grant to £3,000 until March 31, 2021.

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Setec Powerr

APRIL 26, 2022

The federal government is “teaming up with states and the private sector to build a nationwide network of EV chargers by 2030 to help create jobs, fight the climate change crisis, and ensure that this game-changing technology is affordable and accessible for every American.

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