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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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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

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In California, for example, which currently has an adoption score of 45 (highest in the nation), state tax credits on the purchase or lease of a new EV is $2,000 for cars and $4,500 for trucks, SUVs and vans. With incentives, the total cost of ownership of a new Bolt is now just $26,200, down $6,600 from December of last year.

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EIA: California home to almost half of US plug-in electric vehicles

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California is home to almost half of all of the nation’s PEVs, but even in California, only about 5 out of every 1,000 registered vehicles are PEVs, according to the US Energy Information Administration (EIA). Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. in 2013 and 0.4% sales and use tax.

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Pacific states and BC agree to align GHG and clean energy policies; targeting 10% new vehicle ZEV purchases by 2016

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The Governors of California, Oregon and Washington and the Premier of British Columbia signed a regional agreement strategically to align policies to reduce greenhouse gases and promote clean energy. Oregon will build on existing programs to set a price on carbon emissions.

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Boost Your Savings: Best US States for Electric Vehicle Incentives

Setec Powerr

In this article, we will explore the top states that provide the best incentives for purchasing an electric vehicle, helping you make an informed decision. California As the state with the largest number of electric vehicles, California leads the way in offering EV incentives.

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ICCT study finds state EV incentives playing a significant role in driving sales

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A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. per year in recent years.

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USDOT announces $84.9M through Lo-No program to expand advanced bus technologies

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Eligible projects include the purchase or lease of buses powered by modern, efficient technologies. The City and Borough of Juneau will receive funds to purchase new electric buses to replace aging diesel buses, associated charging infrastructure, and a back up generator. Southern California Association of Governments.

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