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Everything You Need to Know About the Cost of Owning a Car

Clean Fleet Report

When it comes to buying a car, there is more than meets the eye. In reality, there are a lot of costs that come with owning a car. We’ve put together a comprehensive guide to help you understand all the costs associated with owning a vehicle. Maintenance Costs Associated With Car Ownership.

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Feature: How Expensive Is EV Maintenance?

Clean Fleet Report

Detailing the Savings from Going Electric. All vehicles require some form of maintenance. That said, drivers will typically spend less on long-term maintenance than they would for an internal combustion engine (ICE) car over time. A bonus: Electric vehicles are much better for the environment. EVs are no different.

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Renault partners with R-FIT to launch electric retrofit kits in France

Green Car Congress

Renault is launching electric retrofit kits in France in partnership with R-FIT. The Renault 5 electric retrofit kit will go on sale in France in September 2023 while the kit for the Twingo will be made available at a later date. These kits can be installed on the popular Renault 4, Renault 5 and first generation Twingo.

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UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. The percentages are even higher after five years of ownership. Belzowski 2015.

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Lyft commits to 100% EVs by 2030

Green Car Congress

Ridesharing company Lyft—in collaboration with Environmental Defense Fund—has commited to reach 100% electric vehicles on the Lyft platform by 2030. The shift to 100% EVs for Lyft will mean transitioning all vehicles used on the Lyft platform over the next ten years to all-electric or other zero-emission technologies.

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California Governor orders all new cars and passenger trucks sold in California be ZEVS by 2035; medium-and heavy duty trucks by 2045

Green Car Congress

Following the order, the California Air Resources Board (ARB) will develop regulations to mandate that 100% of in-state sales of new passenger cars and trucks are zero-emission by 2035—a target which would achieve more than a 35% reduction in greenhouse gas emissions and an 80% improvement in NO x emissions from cars statewide.

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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

A study conducted by a team at the Massachusetts Institute of Technology (MIT) compared the lifetime costs of owning a gas-powered vehicle versus that of owning an eco-friendly vehicle. Hybrids and EVs can cost you less. Moreover, electric cars use regenerative braking that reduces wear and tear compared to traditional brakes.