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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

This post examines the recent changes in the costs of powering gasoline, diesel, and electric vehicles. The expectation was that the cost of electricity had recently increased much less than the costs of gasoline and diesel. The table below shows all available average monthly prices for 2022.

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Electric vehicles will crush fossil cars on price as lithium and battery prices fall

The Driven EV News

Fossil car makers are in for a rude surprise as EVs accelerate toward price parity, as new research points to significant falls in the cost of raw materials. The post Electric vehicles will crush fossil cars on price as lithium and battery prices fall appeared first on The Driven.

Price 140
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Reducing the cost of electric vehicles

Electric Vehicles India

Reducing the cost of electric vehicles. The demand incentive for electric two-wheelers has been increased to Rs. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles.

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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 mile.

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Benchmark: lithium prices continue to rise

Green Car Congress

Lithium prices continued to rise in November, with Chinese battery-grade prices surpassing the RMB 200,000/tonne (US$31,395/tonne) mark, according to Benchmark’s Lithium Price Assessment. Source: Benchmark Mineral Intelligence.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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DOE: all-electric vehicles have the lowest estimated average annual fuel cost of all light-duty vehicles

Green Car Congress

The estimated annual fuel costs for model year (MY) 2019 all-electric light-duty vehicles are the lowest of all the different vehicle technologies, ranging from a low of $500 to a high of $900 per year, according to the US Department of Energy (DOE). electricity per kilowatt-hour. regular gasoline; $3.00