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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.

Purchase 321
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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Essentially, said Tesla CEO Elon Musk in a conference call describing the product, the new approach allows one to buy a new Model S for no money down net of the tax credit and as low as about $500 net out of pocket cost per month, depending upon the model, specific state incentives, and personal parameters (e.g.,

Financing 210
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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

Widespread adoption of plug-in electric vehicles (PEVs) in California could confer significant economic benefits by both 2030 and 2050, resulting in increases to Gross State Product (GSP), employment, real household incomes, and state revenue, according to a new report commissioned by the think tank Next 10.

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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.” The value of used EVs has dropped 33.7%

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Volkswagen’s Pablo Di Si: Generation to get ‘again to fundamentals’

Baua Electric

You simply did a line of broker conferences with the VW community. That’s one thing referred to as a crew, and whether or not it’s buying, whether or not it’s manufacturing, whether or not it’s logistics, there are crowd in the back of it, so I’m in point of fact happy and proud that the crew is turning in.

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The Business of Plugging In: Building the Full Ecosystem for a Successful Plug-in Vehicle Industry in the US

Green Car Congress

The conference was sold out; it was also essentially a PowerPoint-free zone; the basic format relied heavily on brief introductory remarks from sets of speakers representing the diverse stakeholders, followed by questions from attendees. Customers and customer reaction were also a recurrent theme at the conference. —Jon Lauckner.

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