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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

However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run. per mile.

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2023 Los Angeles Auto Show Recap -- Stepping in the Right Direction

The Truth About Cars

I am flirting with a cliché here, I know, but the weather seemed to be a metaphor for how the 2023 Los Angeles Auto Show media day drove perception of the automotive industry's health. As I said, the amount of activity at any one given auto-show media day might not provide great insight to the bigger picture. At least in my opinion.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

Analysts and industry experts believe the move will affect the second-hand market for EVs and dissuade buyers who are already rethinking big purchases due to higher borrowing costs. “Mainstream consumers are already hesitant to buy an EV, and this news only supports their concerns.”

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Deloitte suggests Gen Y’s embrace of hybrid vehicles may be auto market’s tipping point

Green Car Congress

According to Giffi, Gen Y consumers may be the game changers in the United States because, at nearly 80 million strong, they are one of the biggest domestic automobile buying market segments and the largest consumer segment since the baby boomers. Deloitte conducted the survey in September and October 2011. —Joe Vitale.

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Ford plans new electric pickup and SUV, starting around $25k – Charged EVs

Baua Electric

The higher purchase prices of EVs now represent the number-one obstacle to mass adoption. During a recent Wolfe Research conference, Farley highlighted one of the main trends driving the move towards cheaper EVs: looming competition from Chinese automakers. “As

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV. Other than the 6% that already own one, 38% said they plan to purchase an EV as their next vehicle, and another 27% are considering one in the future. FTC: We use income earning auto affiliate links.

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BMW Q2 recruit penetration grew greater than 40%

Baua Electric

All over fresh broker discussion board conferences, we mentioned systems to produce fee walks extra manageable for endmost recruit consumers and preserving a powerful portfolio for while gross sales alternatives. The post BMW Q2 recruit penetration grew greater than 40% appeared first on Bauaelectric Auto News.

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