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Half of 2024 EVs have lower 5-year ownership cost vs. ICE

Green Car Reports

Many EVs have a lower five-year cost of ownership than comparable gasoline models, according an annual roundup from Vincentric, a source for ownership cost calculations for websites and automakers.

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

Green Car Congress

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume. Source: DOE.

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Tesla Model Y & Model 3 Cost $10,000 Less Than Average New Car Price

CleanTechnica EVs

Much recent discussion around Tesla has been about a lower-cost, smaller Tesla (“Model C” or “Model 2,” as it is often called). continued] The post Tesla Model Y & Model 3 Cost $10,000 Less Than Average New Car Price appeared first on CleanTechnica. It seems that the majority of.

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Nissan Micra EV to debut later this year as new low-cost electric car

Electrek

Nissan will unveil a new Micra EV as its newest low-cost electric car. Another affordable electric car is set to be unveiled later this year as Nissan looks to boost EV sales.

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Volkswagen to launch new EV platform in China to slash costs and compete with BYD

Electrek

VW says the EV platform will slash costs as it looks to recapture market share in China. To boost sales in the world’s largest EV market and one of Volkswagen’s most important regions, the company is launching a new digital EV platform with China’s XPeng.

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Tesla improves cost of goods sold per vehicle once again

Teslarati

Tesla improved the cost of goods sold per vehicle to slightly above $36,000, continuing to improve on the metric with a sequential reduction in cost every quarter. ” Tesla also noted: “Our team remains focused on growing our output, investing in our future growth, and finding additional cost efficiencies in 2024.”

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