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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

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Deloitte suggests Gen Y’s embrace of hybrid vehicles may be auto market’s tipping point

Green Car Congress

Gen Y’s strong affinity for hybrid vehicles could make it the “ generation that leads us away from traditional gasoline-powered vehicles ,” reports Craig Giffi, vice chairman and automotive practice leader at Deloitte LLP, after seeing the results of Deloitte’s annual survey of consumers and what they want in an automobile. —Joe Vitale.

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Detroit 3 tease finds, together with Ford F-150

Baua Electric

Within the conference middle, Ford additionally plans to sing their own praises its just lately unveiled Mustang GTD and off-road-focused Mustang Mach-E Rally. Cadillac’s expose would be the emblem’s 2d in a tiny greater than a past, following the electrical Escalade IQ in August.

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Buick on breaking point of electrical shift

Baua Electric

Buick has presented its endmost up-to-date gasoline-powered car. Following the debut of the Envista subcompact crossover this pace, each and every up-to-date style Buick launches will probably be an electrical car. ” stated Sam Fiorani, vice chairman of world car forecasting at AutoForecast Answers. .”

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Suzuki introduces hybrid concept version of Kizashi at New York show

Green Car Congress

American Suzuki Motor Corporation (ASMC) unveiled a gasoline-electric concept variant of its Kizashi sedan at the company’s 2011 New York International Auto Show (NYIAS) press conference. The Kizashi EcoCharge has the capability to deliver a 25% fuel economy gain. Kizashi EcoCharge. Click to enlarge.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. One barrier is the cost of owning an electric vehicle versus a cheaper, comparable gasoline-engine vehicle.

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GM Will Produce Cadillac Converj EREV

Green Car Congress

GM Vice Chairman Bob Lutz, at a conference of the Society of Automotive Analysts on the eve of the North American International Auto Show, announced that GM will produce the Cadillac Converj extended-range electric vehicle. Cadillac included the Converj concept car at the 2009 North American International Auto Show.

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