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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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Race to break the $30K barrier: Volkswagen will launch ID.1 budget-buy in 2027

EV Central

1 is in development, VW CEO Thomas Schaefer said that four different design proposals are under consideration, telling those present at the brand’s annual press conference that VW would price it below €20,000. To take so much cost out you need massive economies of scale,” he announced. READ MORE: Baby Volkswagen ID.2-based

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Opinion: 4 Things You Should Think About Before Buying a Sports Car

Clean Fleet Report

If you spend most of the week huddled in a conference room or behind a computer, spend the rest of the day indoors, perhaps an expensive sports car is not your ideal possession. Remember, you are buying a car, not a deal. Because of this we don’t address issues such as long-term reliability or total cost of ownership.

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Tenders floated for procuring electric buses under central scheme: Minister – ET Auto

Baua Electric

According to the plan, people travelling in these buses can buy tickets through an automatic fare system. Addressing a press conference, Puri said his ministry officials were in touch with bus manufacturers. According to the plan, people travelling in these buses can buy tickets through an automatic fare system.

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U of Michigan Study Finds Costs of Plug-in Cars Primary Key to Broad Consumer Acceptance

Green Car Congress

A newly released University of Michigan study found widespread consumer interest in buying plug-in hybrid electric vehicles; however, the cost of the cars is much more influential than environmental and other non-economic factors as a predictor of purchase probabilities. Source: Curtin et al. 2009) Click to enlarge.

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Hyundai Motor Plans On Building More Hybrids Inside North America

The Truth About Cars

This is despite over a decade of government subsidies trying to push the world toward battery powered transportation, much of which went directly to automakers as a way to help them cope with high development costs of novel electric powertrains. I think we can handle [everything] within the current investment more or less,” he said.

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Toyota accelerates EV commitment, confirms electric ute

EV Central

Koji Sato speaks at a Tokyo press conference on April 7 2023 announcing Toyota’s ramped-up EV commitment. Sato stressed that Toyota’s BEV expansion would not come at the cost of hybrids , with which Toyota has enjoyed enormous sales success. Driven by new CEO Koji Sato, the new Toyota plan calls for 1.5

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