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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 per mile.

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The Escalating Costs of Owning a New Car

The Truth About Cars

Photo credit: muk woothimanop / Shutterstock.com The expenses tied to owning a brand-new vehicle have risen significantly, marking a substantial departure from the preceding year when the annual cost stood at $10,728. Depreciation Depreciation, the decrease in a vehicle's value over time, serves as another significant cost component.

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Top 7 Tips for Buying a Car

Clean Fleet Report

Making the right choice could have lasting effects on your daily routine, finances and overall quality of life, whether you’re new to car buying or an experienced veteran. In this post, we explore seven essential tips on buying smartly. There could be hidden problems that may cost more in the long run.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Analysts and industry experts believe the move will affect the second-hand market for EVs and dissuade buyers who are already rethinking big purchases due to higher borrowing costs. Hertz, the largest U.S.

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Used Car Purchase Warning

Clean Fleet Report

While they can be alluring, deciding whether to buy a used car that has been modified is a complex choice that demands careful consideration. Pros of Buying a Modified Car Customization: One of the most significant advantages of buying a modified car is the level of customization.

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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

Green Car Congress

In a paper in Nature , they suggest that the use of such redox-active organic molecules instead of redox-active metals represents a new and promising direction for realizing massive electrical energy storage at greatly reduced cost. The design permits larger amounts of energy to be stored at lower cost than with traditional batteries.

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Plug’n Drive launches online tool to help Canadian drivers find their electric vehicle match

Plug N Drive

By moving away from provincial and national averages, “Find Your EV Match” personalizes the EV buying process by providing total cost of ownership information, alongside greenhouse gas (GHG) emissions reduction insights, that are based on regional electricity pricing, gasoline pricing and electricity generation.