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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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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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The hidden costs of using an electric bike

Baua Electric

Whether you love them or hate them , electric bikes are becoming increasingly popular on streets and trails around the US. But while you’ll see plenty of people espousing the supposed advantages of electric bikes, it’s important to keep in mind some of the hidden costs of owning and using these two-wheeled electric vehicles.

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Jeep production facility halted due to cost of EV transition, says Stellantis

Teslarati

A Stellantis-owned Jeep production facility in Illinois will be ceasing production and laying off over 1,000 workers as the automaker looks to cut costs ahead of its EV transition. Stellantis calls the move “difficult but necessary” as it battles with increased costs as it transitions to producing electric vehicles.

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Semiconductor company Mindgrove launches India’s first commercial MCU chip – ET Auto

Baua Electric

The Chennai-based startup said the chip will allow local companies to use an Indian SoC in their products and help reduce the cost of their devices, without compromising on high-end features. Secure IoT is a high-performance microcontroller clocked at 700 MHz.