article thumbnail

Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins. —Gabriel Collins.

article thumbnail

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

Teslarati

However, many are uninformed and misconceived, still believing electric vehicles are six-figure vehicles reserved for the rich and wealthy. In January, the Hastings on Hudson, New York Police Department welcomed a Model Y police cruiser into their fleet, only to receive several points of criticism from the purchase.

Purchase 145
article thumbnail

Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

How can you claim up to $7,500 off some new Tesla models at the time of purchase? With $7,500 of “retail bonus cash”—a rebate on purchases, not leases–the 2024 Hyundai Ioniq 6 is much cheaper than the Tesla Model 3. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market.

article thumbnail

What You Need to Know Before Purchasing an EV

Clean Fleet Report

Preparing for Real World Encounter with a New Electric Vehicle. The electric vehicle (EV) revolution is upon us, and many people are beginning to agree. However, they do come with their own set of limitations that you should be aware of before making the purchase. The initial purchase price is higher for EVs.

article thumbnail

Tips for purchasing a new EV amid a vehicle shortage

Plug in America

With record-setting gasoline prices across the nation, a record number of drivers are considering EVs. Searches for new plug-in hybrid and all-electric vehicles are at record levels, increasing exponentially since energy prices soared in March 2022. Once you go electric, you won’t go back!

article thumbnail

J.D. Power: EV consideration in US is up but skepticism still exists

Green Car Congress

Auto shoppers in America are more likely than ever before to consider buying a fully electric vehicle (EV), and new EV entries are responsible for much of the added consideration. Electric Vehicle Consideration (EVC) Study. Power 2022 U.S.

Power 334
article thumbnail

CARB and California electric utilities partner to offer point-of-sale reduction of up to $1,500 on PEVs

Green Car Congress

California electric utilities are teaming up with the California Air Resources Board (CARB) to offer the California Clean Fuel Reward (CCFR), a point-of-sale price reduction of up to $1,500 for the purchase or lease of any eligible new Battery Electric or Plug-in Hybrid vehicle (BEV or PHEV) from a participating automotive retailer.