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Kentucky electric cars now pay two taxes where gas cars only pay one

Baua Electric

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. cents, compared to a current average gas price of $2.78 the rate of gas (or 7x on state property).

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EV myths busted: Are electric vehicles safer than gas-powered cars?

Drive Electric

Electric vehicles have historically received a bad reputation for concerns around safety. Issues like thermal runaway, electrocution, and reports of inextinguishable fires plagued the pioneering electric vehicles. Useful terms: Internal Combustion Engine Vehicle (ICEV) and Electric Vehicle (EV). THE BOTTOM LINE.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. These are great cars.

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BYD launches $15,000 Qin Plus EV Honor Edition kicking off price war with gas cars

Electrek

BYD is kicking off a price war with gas-powered cars as new lower-priced electric vehicles begin rolling out. After launching the new Qin Plus EV Honor Edition on Monday, BYD said it’s “officially opening a new era of electricity is lower than oil.”

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Tesla’s Elon Musk predicts peak oil demand within next 5 years

Teslarati

Over the years, Musk has clarified on Twitter that he actually supports solutions such as nuclear energy, and amidst the Russia-Ukraine war, the CEO highlighted the need for greater oil and gas output. In a recent response on Twitter, Musk predicted that the use of oil and gas would likely peak within the coming years.

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Nippon Oil: Gas Stations Will Pump Electricity and Hydrogen

Green Car Congress

In an interview with the Nikkei, Shinji Nishio, president of Nippon Oil Corp., said that gas stations will transform into providers of electricity and hydrogen, in addition to gasoline. But in the medium term, electric vehicles will have an inevitable impact. Such vehicles may expand at an enormous rate from around 2015.

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Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.