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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

With the increasing popularity and adoption of electric vehicles (EVs), many prospective buyers are curious about the overall costs associated with owning an EV. Before moving on we should have an open mind on the process of calculating the depreciation cost of an EV.

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Ignorance of how EVs work is holding back uptake, says survey

Baua Electric

A new survey conducted by YouGov has showed that belief in EV myths is holding back adoption, with most petrol car drivers scoring just a 2/10 in a quiz about how electric cars work. Out of the petrol drivers surveyed, a majority of them, 57%, were only able to answer 2 out of 10 questions correctly, and 90% got less than half correct.

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2024 Kia Sportage SX Hybrid Review

Baua Electric

Less attention is given to the ramifications of having a space-saver spare (or no spare at all), the cost of the annual (or six-monthly) service, cost of replacing those cool 20-inch tyres and the 98RON petrol that must be syphoned by the wallet before being poured into the fuel tank each week.

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Tesla Model 3 just became cheaper than Toyota Camry in California

Teslarati

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. ALSO READ: Tesla Model Y price cuts have brought costs below U.S.

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Big declines for BEVs in EU new-car markets

Baua Electric

05 September 2024 Provisional tariffs on battery-electric vehicles (BEVs) built in China and imported into the EU came into effect in July. But with all the big-four EU countries experiencing large drops, it may have contributed to the final totals. All powertrains recorded big losses last month, except for hybrids without a plug.

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Big declines for BEVs in EU new-car markets

Baua Electric

05 September 2024 Provisional tariffs on battery-electric vehicles (BEVs) built in China and imported into the EU came into effect in July. But with all the big-four EU countries experiencing large drops, it may have contributed to the final totals. All powertrains recorded big losses last month, except for hybrids without a plug.

Market 52
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Volvo To Go All Electric By 2030 – EV Week in Review: Feb 23-Mar 1

EV Adoption

Volvo to go all electric by 2030 – Volvo announced that its entire car line-up will be fully electric by 2030 and joins GM, JLR, Ford Europe, and other automakers in stating their goals or “aspirations” (in the case of GM) – to end production of gas-powered vehicles by 2030 or 2035 depending on the OEM.

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