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Tesla wins Kelley Blue Book’s 2023 5-year Cost to Own Award for premium EVs

Teslarati

Consumers are well aware that vehicle ownership involves not only the purchase price of cars but also the vehicle’s total cost of ownership. This includes everything from fuel to maintenance, insurance, and a car’s depreciation. This suggests that the Lightning beat the Rivian R1T and the GMC Hummer EV for the spot.

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What You Need To Know About Pickup EVs

Clean Fleet Report

Heavier electric vehicles are becoming more common as EV battery technology becomes more reliable and powerful and shows up in larger vehicles, like the GMC Hummer pickup and Audi Q8, among others. The initial cost of electric vehicles is still much higher than standard ones. This article may contain affiliate links.

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News: Mid-Year EV Sales Hit Peak

Clean Fleet Report

It shouldn’t be surprising when you scan the list of EVs (particularly the down-list models where there are several Audis and BMWs as well as the pricey GMC Hummer ), but the average sales price for an EV during the first half of the year was $66,000, according to Kelly Blue Book. Jeep Wrangler 4xe leads PHEVs. And more are coming.

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Convincing Consumers To Buy EVs

Cars That Think

Even if interest in purchasing an EV is increasing, close to 70 percent of Americans are still leaning towards buying an ICE vehicles as their next purchase. In the UK, only 14 percent of drivers plan to purchase an EV as their next car. EVs ain’t cheap Price is another EV purchase risk that is comparable to EV range.

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