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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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EIA expects significant increases in US wholesale electricity prices this summer

Green Car Congress

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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High cost of coal and natural gas could make EVs, US grid cleaner this summer

Green Car Reports

Anticipated price hikes for coal and natural gas could lead to increase use of renewable energy in electricity generation, making both the grid and EVs cleaner, according to new United States Energy Information Administration (EIA) analysis.

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Ironic Today Show segment explains tips for gas mileage while anchor sits in electric vehicle

Teslarati

The Today Show released a helpful segment during this morning’s broadcast, showing tips on how consumers can increase gas mileage as prices at the gas pump are reaching record levels. The only problem is NBC showed these tips on an all-electric Ford Mustang Mach-E. A week ago, it was $3.61, and a year ago, it was $2.77.

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Kentucky electric cars now pay two taxes where gas cars only pay one

Baua Electric

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. cents, compared to a current average gas price of $2.78 per gallon in the state).

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date. CO 2 emissions from natural gas rebounded well above their 2019 levels to 7.5

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Tesla is experiencing order rate increases in the U.S. because of soaring gas prices: report

Teslarati

Tesla is reportedly seeing increased order rates in the United States this week after soaring gas prices have helped some drivers transition to electric vehicles to avoid paying astronomical amounts at the pump. On Monday , AAA ‘s average gas price in the United States sat at $4.17.

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