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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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NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

Green Car Congress

A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g.,

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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.

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Germany providing another €300M to subsidize private charging stations in residential buildings

Green Car Congress

The German government is topping up the funding for private charging stations for electric cars in residential buildings by a further €300 million (US$349 million). The purchase and installation of the wall boxes are supported with a grant of €900 (US$1,050). Charging must be possible anywhere and anytime.

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Juniper Research: EV charging at home to exceed $16B globally by 2026

Green Car Congress

A new study from Juniper Research forecasts that spend on EV charging at home will exceed $16 billion globally in 2026; up from $3.4 The lack of access to charging at home for urban residents is a major issue, but given EVs are currently high cost, the likelihood is that users will have access to off-street parking.

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What You Need to Know Before Purchasing an EV

Clean Fleet Report

However, they do come with their own set of limitations that you should be aware of before making the purchase. In this post, we will go over some of the things you should keep in mind before purchasing an electric vehicle. The initial purchase price is higher for EVs. Even affordable EVs like the Mini Cooper cost more up front.

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Germany providing another €100M to subsidize private charging stations; €500M total

Green Car Congress

Germany is adding another €100 million to its successful promotion of private charging stations for electric cars in residential buildings, bringing the total to €500 million. Purchase and installation of the wallboxes are supported with a grant of €900. We are already promoting around 470,000 new charging points.

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