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What You Need to Know Before Purchasing an EV

Clean Fleet Report

However, they do come with their own set of limitations that you should be aware of before making the purchase. In this post, we will go over some of the things you should keep in mind before purchasing an electric vehicle. The initial purchase price is higher for EVs. Even affordable EVs like the Mini Cooper cost more up front.

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

Green Car Congress

Probabilities at different price points for at lest some chance of purchase. Distribution of purchase probabilities at different price points. The purpose of this study was to examine the conditions under which consumers would purchase a PHEV. 14% said there was a chance of purchase at $10,000 more. Source: Curtin et al.

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Tesla Model 3 used by Police Department reveals massive financial savings

Teslarati

The Westport Police Department in Connecticut has released a new financial analysis that is showing massive savings, as anticipated, after the purchase of a Tesla Model 3 that would be used as a police cruiser. After sparring with the idea of purchasing another Ford Explorer for the police fleet, cost-effectiveness became the big question.

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

Green Car Congress

Consumers’ expectations around the performance and purchase price of electric vehicles are so divergent from the actual offerings available today, that no more than 2–4% of consumers worldwide would have their expectations met, according to a new survey from Deloitte. range, convenience to charge and purchase price of the vehicle.

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China’s Nio and CATL team up to develop longer life batteries – ET Auto

Baua Electric

Nio currently buys most of its batteries from CATL and has been exploring battery supplies from new partners such as CALB. Chinese electric vehicle maker Nio on Thursday signed a partnership agreement with battery giant CATL to develop longer life batteries as part of efforts to lower overall EV costs.

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Deloitte global survey gauges consumer prospects for EVs in China, Europe and Americas; China leads

Green Car Congress

It examines, among other things, how likely consumers would be to consider buying or leasing an electric vehicle when they buy or lease their next vehicle. Sixty-six percent of Chinese consumers surveyed say they are “much more likely” to consider an EV if the cost of fuel rises to 10 RMB a liter (US$1.53/liter, gallon US).

China 247
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Factor in V2G Revenue When Planning Fleet Electrification

Driivz

However, achieving the leading metric for fleet owners, lower total cost of ownership (TCO), is dependent on more electric vehicle models on the market at lower prices, particularly for medium- and heavy-duty trucks. All these costs must be factored into achieving TCO targets. and can include penalties for exceeding peak demand limits.

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