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The Escalating Costs of Owning a New Car

The Truth About Cars

This increment in sticker prices has a direct bearing on finance costs, reflected in an average annual finance charge of $1,253, signifying a staggering 90 percent surge compared to the prior year. Depreciation Depreciation, the decrease in a vehicle's value over time, serves as another significant cost component.

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Vehicle scrappage policy to reduce cost of EVs says  Nitin Gadkari 

Electric Vehicles India

Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari . The newly launched Voluntary Vehicle Fleet Modernisation Programme or the vehicle scrappage policy will help to reduce the cost of manufacturing electric vehicles in India. It will also help to phase out unfit and polluting vehicles. Vehicle scrappage policy.

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The hidden costs of using an electric bike

Baua Electric

But while you’ll see plenty of people espousing the supposed advantages of electric bikes, it’s important to keep in mind some of the hidden costs of owning and using these two-wheeled electric vehicles. The thing about people on bikes is that for some reason they tend to be measurably friendlier and more outgoing than the average person.

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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

Green Car Congress

SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

Green Car Congress

Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.

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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

It is an ideal fun hatch which offers premium, safety and technology features, eco-friendly footprint, spirited performance, all made even more desirable with the added advantage of a low cost of ownership. We are confident that this move will help more and more customers embrace EVs as their preferred mode for personal mobility.

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Electra Vehicles, Inc. Announces $21 Million Financing Round led by United Ventures

Electra Vehicles

The patented core of the technology, the Adaptive Battery Digital Twin, leverages AI and ML to provide design insights, real-time onboard controls, and fleet-wide data analytics for reduced total cost of ownership.