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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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New Argonne-developed tool helps car buyers compare electric-drive and traditional vehicles

Green Car Congress

It starts with consumers’ purchase considerations—such as purchase price—and compares the monetary and environmental benefits of various passenger electric-drive vehicles and equivalent conventionally fueled models. The project was announced at the 2017 Chicago Auto Show.

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CNG industry sales jump 38% to 940,000 units in first 11 months of FY2024 | Autocar Professional

Baua Electric

Demand for alternate fuels from vehicle buyers is growing and along with the transition to electric mobility, the CNG vehicle industry is currently witnessing strong double-digit growth. While the Tiago iCNG AMT is priced between Rs 790,000 and Rs 880,000, the Tigor iCNG AMT ranges from Rs 885,000 to Rs 955,000.

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‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. But ultimately, unless the price of the car comes down, this process can’t be accelerated.

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Lux forecasts micro-hybrids to grow to 39M vehicles in 2017, creating a $6.9B battery market

Green Car Congress

of the auto market. Micro-hybrids and, to a lesser extent, mild hybrids, provide a cost-effective solution to fuel savings to bridge the gap to more disruptive technologies like alternative fuels, plug-in vehicles, and fuel cell vehicles. Simultaneously, mild hybrids will rise from near-zero to 1.5

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Progress! IRA signed into law

Electric Auto Association

The Inflation Reduction Act (IRA) is a massive climate, health care, and tax bill with the overarching goal of slowing the rise in consumer prices that have been climbing at the fastest pace in approximately 40 years. Used EV sale price less than $25,000. Used EV purchased at registered auto dealerships.

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GAO Report Concludes Plug-in Vehicles Offer Potential Benefits, but High Costs and Limited Information Could Hinder Integration into the Federal Fleet; Recommended Actions

Green Car Congress

In addition, the report says, research suggests that for plug-ins to be cost-effective relative to gasoline vehicles the price of batteries must come down significantly and gasoline prices must be high relative to electricity.

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