Remove Auto Remove Cost Of Remove Gas-Electric Remove SUV
article thumbnail

Jeep production facility halted due to cost of EV transition, says Stellantis

Teslarati

A Stellantis-owned Jeep production facility in Illinois will be ceasing production and laying off over 1,000 workers as the automaker looks to cut costs ahead of its EV transition. Stellantis calls the move “difficult but necessary” as it battles with increased costs as it transitions to producing electric vehicles.

Jeep 82
article thumbnail

The Best Electric SUVs on the Market

EV Life

The electric vehicle market has expanded rapidly in the last few years as automakers have introduced a variety of EV models to keep up with demand. These days, all-electric options are available in every type of vehicle, from high-horsepower electric sports cars to stylish electric luxury sedans to torque-heavy electric trucks.

SUV 52
article thumbnail

GMC Hummer EV joins gas-guzzlers in list of meanest for the environment

Baua Electric

The 2024 American Council for an Energy Efficient Economy (ACEEE) list of “meanest” vehicles for the environment includes the expected array of gas-guzzling trucks—but also one EV. The 2024 GMC Hummer EV SUV was ranked ninth on the list , between the GMC Sierra pickup truck and Mercedes-Benz G550 SUV.

Hummer 52
article thumbnail

The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. According to a study by the National Renewable Energy Laboratory , there was a shift away from smaller, more fuel-efficient cars toward larger SUVs and trucks. The Cost of Gas Has a Big Impact on Vehicle Choice.

Gas 90
article thumbnail

CNG industry sales jump 38% to 940,000 units in first 11 months of FY2024 | Autocar Professional

Baua Electric

Demand for alternate fuels from vehicle buyers is growing and along with the transition to electric mobility, the CNG vehicle industry is currently witnessing strong double-digit growth. What has helped accelerate sales is the rollout of new models and SUVs. This takes the total number of CNG cars and SUVs sold in India to 23 models.

Sale 52
article thumbnail

How much money EV ownership saves depends on where you live

Baua Electric

A new University of Michigan study compares the cost of ownership for EVs and internal-combustion vehicles across 14 U.S. cities, finding that the path to cost parity between the two varies by region. The study found that the total cost of ownership for a 300-mile midsize electric SUV varies by $52,000 across all the cities studied.

article thumbnail

Rural EV charging incentivized in much of the US with Biden guidance

Baua Electric

Re-enacted under the Inflation Reduction Act (IRA), the 30C credit will cover up to 30% of the cost of charger installations (up to $100,000) for individuals and businesses in “eligible census tracts.” As The Hill notes, it also allowed car-like crossovers to qualify for the tax credit for electric SUVs. population.