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

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Projections of future gasoline and electricity prices. Anticipated driving patterns.

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Electric vehicle (EV) adoption is increasing. Cox Automotive forecasts a notable surge in electric vehicle adoption, projecting a rise from 7.6% Seize the opportunity to explore, test, drive, and consider an electric vehicle for your next ride as manufacturers expand their product lines to meet growing consumer demand.

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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

They found that hybrid and alternative fuel vehicles (especially electric cars) easily saved their owners money when looking at the purchase price, fuel costs and regular maintenance. The motors that electric vehicles use have fewer moving parts than their gasoline-powered counterparts and don’t require oil changes.

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National Research Council Study Finds That Available Technologies Can Result in Significant Fuel Savings for Passenger Vehicles Over the Next 15 Years, But at Higher Purchase Prices for Consumers

Green Car Congress

However, the technologies would also increase vehicle purchase costs for consumers, sometimes by as much as several thousand dollars. While many challenges remain in developing lithium-ion battery technology, small, limited-range battery electric vehicles will be on the market in the next decade, the committee predicted.

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Top Factors Affecting EV Adoption

EV Connect

Industry experts predict that electric vehicles (EV) will account for 40% of car sales by 2030. Yet for all the optimism around the electric vehicle adoption rate, certain human, structural and environmental factors still dictate the pace. Of the 289 million cars registered on US roads, barely 2 million are electric.

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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. This investment will build on our existing methanol technology, facilitating even more valuable solutions and helping to propel this part of our business in China. million in Carbon Recycling International (CRI).

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