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

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  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.

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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

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Honda plans to introduce these models to the North American market as model year 2024 vehicles, one from Honda brand and the other from the Acura brand. These EV models will first be introduced to the North American market, and then to other regions of the world.

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ICCT study details differences in fiscal policies to support uptake of EVs across 11 major markets

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2012 and 2013 market share vs. per-vehicle incentive for battery-electric (BEV) and plug-in hybrid electric PHEV (where applicable, only company car market incentives shown here). Market share of new EVs in select markets, 2013 and 2014. Source: ICCT. Click to enlarge.

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CCID Consulting estimates upsurge in aluminum for automobile bodies in China if technical breakthroughs in alloy performance and application technology are made

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China-based and -focused CCID Consulting estimates that the China passenger vehicle market will need at least 1.802 million tons of aluminum sheets annually, assuming that aluminum replaces 15% of the steel used in automobile manufacturing by 2015.

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Harris Poll: 23% of US car owners say more interested in purchasing a hybrid than one year ago

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Twenty-three percent of US car owners say that their interest in purchasing a hybrid vehicle has increased from a year ago, according to a new Harris Poll. Other alternative fuels are further down the list, as just one in ten say they would consider diesel (11%) or all electric (9%) automobiles for their next purchase.

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A mini industry spawns under the hood of a booming car market – ET Auto

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Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. As per industry estimates, about 4.1

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Electric vehicles Prices May Drop Soon, and Here’s Why

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The market for electric cars is constantly changing. There seem to be significant advancements in technology and performance for new electric automobiles every week.  Customers who choose electric power and financial benefits may use the declining cost of new electric vehicles. Used EVs Are About to Hit The Market.