Remove Companies Remove Cost Of Remove Market Remove Purchase
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

Purchase 321
article thumbnail

Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

This rapid growth in demand has been further amplified with the passage of the “Inflation Reduction Act” (IRA) in the Fall of 2022, which includes mechanisms to incentivize electric vehicle manufacturers and consumers to purchase electric vehicles (EVs) that source battery metals from domestic manufacturers.

article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% to finance the development and production of low-carbon fuels and energy transition metals.

Carbon 352
article thumbnail

Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. Atlantic Nickel The resulting company will be named ACG Electric Metals.

Purchase 195
article thumbnail

Pre-owned two-wheeler market: Waiting to take off | Autocar Professional

Baua Electric

India’s pre-owned two-wheeler market is poised to witness significant growth with the entry of large organised players and a proliferation of financing options. One of the major factors driving demand for used two-wheelers is the significant rise in the cost of new ones. times, compared to 1.4 times for used cars versus new cars.

Market 52
article thumbnail

Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. Before moving on we should have an open mind on the process of calculating the depreciation cost of an EV.

Cost Of 75
article thumbnail

CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Researchers at Carnegie Mellon’s College of Engineering have found that with an emissions-based incentive towards electrification, ridesourcing companies such as Uber and Lyft would electrify more and cut their emissions by amounts ranging from 10% in New York to 22% in Los Angeles. Air pollution is a classic case where free markets fail.

Tax 199