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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

Purchase 321
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Starting this year, Moscow will only buy electric buses

Green Car Congress

The city of Moscow, Russia is halting the purchase of diesel buses for its passenger transport fleet. Starting this year, by the decision of the Mayor of Moscow, we will not buy diesel buses, except for transportation in a special mode. The production of electric buses in Moscow will significantly reduce their cost.

Buy 505
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Lightning Systems electric shuttle buses now offered on CALACT purchasing contract

Green Car Congress

Communities throughout California can now purchase all-electric shuttle buses and ADA-equipped vans from Lightning Systems on a new California Association for Coordinated Transportation (CALACT) cooperative purchasing contract. Nonprofits or government agencies can use the new agreement to purchase electric buses once they join CALACT.

Purchase 284
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J.D. Power: Majority of EV owners are intent on purchasing another one in the future

Green Car Congress

Among the early adopters who own an EV, 82% say they “definitely will” consider purchasing another in the future, according to the inaugural J.D. However, satisfaction with the current ownership experience is a key influencer for whether owners will purchase the same brand of EV again.

Purchase 210
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What is the cost of usable energy for driving and heating our homes?

Green Car Congress

This analysis compares the costs of usable energy when we buy gasoline and electricity for driving and natural gas for keeping warm. The average retail cost of regular gasoline in 2018 was $2.719 per gallon. Consequently, the average cost of the available energy from gasoline is $0.226 per 10,000 Btu. by Michael Sivak.

Cost Of 170
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ARPA-E launches $45M funding for advanced batteries for electric vehicles; EVs4ALL

Green Car Congress

The US Department of Energy (DOE) announced up to $45 million in funding ( DE-FOA-0002760 ) to support the domestic development of advanced batteries for electric vehicles. Advanced batteries capable of safe, rapid charging are necessary to appeal to these Americans who are unable to charge cars at home for long periods of time.

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Nio buys 12% stake in lithium mining company

Teslarati

Nio is taking steps to secure raw materials for battery production. The automaker is purchasing an approximate 12.16% stake in Greenwing Resources, an Australian-based lithium company. Greenwing plans to use 80% of the funds from Nio’s purchase for its San Jorge Lithium Project in Argentina. per share (Placement).

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