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Electric Vehicles Are Only Getting Cheaper To Own

EV Match

One of the fastest ways to accelerate your transition to an eco-friendlier lifestyle is to switch to an electric vehicle (EV). miles per gallon, that equates to about 420 gallons of gasoline burned annually. Electric vehicles are much cheaper to operate and maintain. Save Money on Brake Maintenance.

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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

Green Car Congress

New research from IHS Markit shows that the average age of light vehicles in operation (VIO) in the US has risen to 12.1 years this year, increasing by nearly 2 months during 2020 and elevated by the COVID-19 pandemic. Vehicle Miles Traveled declined year over year by more than 13% in 2020 due to lockdowns and work from home policies.

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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. The analysis is published in the journal Joule. from $0.08/kWh

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

Green Car Congress

UPS plans to deploy 50 plug-in electric delivery trucks that will be comparable in acquisition cost to conventional-fueled trucks without any subsidies—an industry first that would breaki a key barrier to large scale adoption of electric fleets. to design the vehicles from the ground up.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. Operable capacity for the refineries is 17,789,010 barrels per calendar day in 2022, down from 18,976,085 in 2020.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. The Long Range All Wheel Drive variant of the all-electric crossover costs $49,990.

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New Zealand simplifies Road User Charges system, extends exemption for light electric motor vehicles from 2013 to 2020

Green Car Congress

In New Zealand, diesel and electric-powered vehicles pay for their road use through road user charges. On the other hand, gasoline, CNG and LPG powered vehicles pay for road use through fuel excise duty charged directly on the fuel they use. The exemption applies to any motor vehicle the power of which is wholly (i.e.,