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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

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations. It covers 30% of the cost for equipment and installation, up to $30,000.

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Ola Cabs Ebitda profitable; electrification, premiumisation the future: new CEO Bakshi – ET Auto

Baua Electric

The firm, he said, had turned profitable based on earnings before interest, taxes, depreciation and amortisation ( Ebitda ) in the fiscal year ended March 31, 2023. Revenue grew 58% to INR 2,135 crore in FY23, he said, speaking at a press conference. Ola Prime+ currently has over 20,000 drivers in seven cities, he added.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Analysts and industry experts believe the move will affect the second-hand market for EVs and dissuade buyers who are already rethinking big purchases due to higher borrowing costs. Hertz, the largest U.S.

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Roadmapping Your Airport EV Charging Installation

Blink Charging

Thanks to your conversations with your electrician, your team will know ahead of time if your location requires upgrades and how much they will affect the overall cost of electrification. Especially in the case of Direct Current Fast Chargers (DCFCs), a large increase in energy consumption can lead to a new transformer.

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Report finds road transportation sector in Canada likely to fall far short of 2050 GHG emissions reduction target

Green Car Congress

A new Conference Board of Canada report finds that Canada is unlikely to achieve an 80% reduction in greenhouse gas emissions from 1990 levels by 2050. However, the report also notes that the abatement costs for some of these technologies are much higher than the current cost of carbon. —“A Long Hard Road”.

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