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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

However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

Our research partnership with RBC will enable us to conduct a more in-depth analysis of EV costs in comparison with internal combustion engine vehicles by considering vehicle type, user behavior, and where the vehicle is purchased and operated.

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Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America. How Does Obtaining a Tax Credit for a Leased EV Work?

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2020 Audi A8 TFSI e plug-in hybrid carries starting price of $94,000

Green Car Congress

By comparison, the starting MSRP for a 2020 Audi A8 55 TFSI quattro with automatic transmission is $85,200. Audi anticipates that customers purchasing the 2020 Audi A8 TFSI e will be eligible for a federal tax credit of up to $6,795. Earlier post.) Additional state incentives may also be available.

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Study finds car dealerships pose significant barrier to EV adoption

Green Car Congress

The researchers also found that dealers’ technological orientation, willingness to sell and displayed knowledge of EVs were main contributors to likely purchase intentions. However, these studies feature small sample sizes, lack cross-country comparisons or focus on early EV adopters. outside of Norway.

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