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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 mile. per year to run—a difference of $633.94

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U-M researchers challenge USPS EV environmental study

Green Car Congress

A new University of Michigan study finds that making the switch to all-electric mail-delivery vehicles would lead to far greater reductions in greenhouse gas emissions than previously estimated by the US Postal Service (USPS). The NGDV program calls for the purchase of up to 165,000 new mail delivery trucks over the next decade.

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Tips for purchasing a new EV amid a vehicle shortage

Plug in America

With record-setting gasoline prices across the nation, a record number of drivers are considering EVs. Searches for new plug-in hybrid and all-electric vehicles are at record levels, increasing exponentially since energy prices soared in March 2022. Global supply chain challenges continue to limit the production of new vehicles.

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Buying an EV amid high demand and supply chain issues

Plug in America

With record-setting gasoline prices across the nation, an increasing number of drivers are considering electric vehicles (EVs). Searches for new plug-in hybrid and all-electric vehicles are at record levels, increasing by over 60% since the beginning of March according to a report by MarketWatch.

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IHS Markit: vehicle miles traveled to increase 65% in key markets by 2040, while vehicle sales slow

Green Car Congress

In a new study, IHS Markit forecasts that vehicle miles traveled (VMT) will by 2040 grow to an all-time high of around 11 billion miles per year (a 65% increase since 2017) in China, Europe, India and the United States—the key markets examined for the study—and will keep growing. IHS Markit, “Reinventing the Wheel.”

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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. Vehicle range is clearly an issue among consumers.

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ISE Heavy-Duty Gasoline Hybrid-Electric Drive Systems Available to Any US Transit Agency Through Minnesota DOT Contract

Green Car Congress

The State of Minnesota Department of Transportation (MN-DOT) has approved two ISE bus manufacturer partners—New Flyer and ElDorado—to supply their chassis together with ISE’s gasoline series hybrid-electric drive system as a qualified option under the terms of the recently released contract. Earlier post.)

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