article thumbnail

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 per mile.

Purchase 321
article thumbnail

Starting this year, Moscow will only buy electric buses

Green Car Congress

The city of Moscow, Russia is halting the purchase of diesel buses for its passenger transport fleet. Starting this year, by the decision of the Mayor of Moscow, we will not buy diesel buses, except for transportation in a special mode. The production of electric buses in Moscow will significantly reduce their cost.

Buy 505
article thumbnail

Used Car Purchase Warning

Clean Fleet Report

Used Car Purchase Warning Is It Wise to Choose a Modified Vehicle? Purchasing a used car can be an exciting adventure, offering the opportunity to find a great deal and secure a vehicle that meets your needs and preferences. This article may contain affiliate links.

article thumbnail

You Could Buy the Entire Fisker Company for Less Than the Founder's Home Costs

The Truth About Cars

He and his wife purchased the home in 2021 for $21.8 When the New York Stock Exchange suspended trading, the company's valuation was just under $34 million, a pittance for any automaker, but Fisker’s L.A. mansion is no joke. million, making the new listing price a significant increase.

Fisker 122
article thumbnail

How to Buy a Car Online

Clean Fleet Report

How to Buy a Car Online A Step-by-Step Guide To Remove Risk This article may contain affiliate links. In this article, we’ll detail a step-by-step guide on how to buy a car online so you can proceed in an informed manner. Decide on a Budget Setting your budget is crucial, whether you buy a car traditionally or online.

Buy 74
article thumbnail

Lightning Systems electric shuttle buses now offered on CALACT purchasing contract

Green Car Congress

Communities throughout California can now purchase all-electric shuttle buses and ADA-equipped vans from Lightning Systems on a new California Association for Coordinated Transportation (CALACT) cooperative purchasing contract. Nonprofits or government agencies can use the new agreement to purchase electric buses once they join CALACT.

Purchase 284
article thumbnail

Study: People Want to Buy EVs but Costs Are Still Too High

The Truth About Cars

As it turns out, the demand is there, but costs are a significant hurdle for buyers. A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership.& One of the things that EV antagonists often cite is a lack of buyer enthusiasm for electric vehicles.

Buy 98