article thumbnail

Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. Drop-in battery price will result in cost reduction of electric vehicles.

Cost Of 101
article thumbnail

Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The Union Road Transport and Highways Minister Nitin Gadkari have once again explained that the National Automobile Scrappage Policy will help to increase the economic growth and boost employment generation in the country. Vehicle scrappage policy.

Scrappage 105
article thumbnail

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

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. Before moving on we should have an open mind on the process of calculating the depreciation cost of an EV.

Cost Of 75
article thumbnail

Study Finds Advanced Safety Comes at a Steep Price

The Truth About Cars

Karsten Neglia / Shutterstock.com As modern vehicles increasingly incorporate Advanced Driver Assistance Systems (ADAS) for enhanced safety, a crucial aspect often overlooked is the repair cost of these systems after a collision. This article was co-written using AI and was then heavily edited and optimized by our editorial team.

F-150 98
article thumbnail

Uber, Kia sign electric vehicle partnership – ET Auto

Baua Electric

On Monday, Kia introduced the new automobiles — which consist of one standard base model with interchanging components and upper bodies that can be swapped out to create a variety of vehicle types. The companies said they intend to work together to “moderate total cost of vehicle ownership.”

Kia 52
article thumbnail

Electric Vehicle Insurance: Why Is It More Expensive?

Clean Fleet Report

This article may contain affiliate links. Common contributors to the cost of insurance for electric vehicles include: The number of moving offenses and incidents in which you were at fault during your driving career. Rates for automobile insurance are determined partly by the number of claims paid out for vehicles in the same category.

article thumbnail

An Inconvenient Truth About AI

Cars That Think

This article is part of our special report on AI, “ The Great AI Reckoning.”. Regardless of what you might think about AI, the reality is that just about every successful deployment has either one of two expedients: It has a person somewhere in the loop, or the cost of failure, should the system blunder, is very low.