Cost Of Grid Statistics Tax Credit 
Blink Charging
FEBRUARY 9, 2023
According to the Bureau of Transportation Statistics , electric vehicle sales, including plug-in hybrid electric (PHEV) and battery electric vehicles (BEV), increased from just over 17,000 in 2011 to 632,883 in 2021. In fact, BEVs accounted for 3.2% of the total light-duty vehicle market in 2021!
Blink Charging
NOVEMBER 2, 2023
Electric vehicles, renewable energy systems, and grid energy storage all rely on efficient and affordable energy storage solutions, primarily lithium-ion batteries. The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022.
EV Connect
OCTOBER 9, 2023
Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern. However, market competition, falling battery prices and government incentives are pushing the cost of EVs to parity with gasoline. IEA - Executive summary – Global EV Outlook 2023 – Analysis - IEA
Blink Charging
APRIL 6, 2023
Perhaps nothing illustrates the rise of electric vehicles over the past decade more than this statistic: In 2012, the total number of electric vehicles (EVs) sold in the entire world was 120,000. This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure.
Blink Charging
FEBRUARY 2, 2023
Of course, you still have to purchase the vehicle, but the federal government will give you a tax credit of up to $7,500 if you and the vehicle both qualify for it. According to the US Department of Energy: “EVs convert over 77% of the electrical energy from the grid to power at the wheels.
Charged EVs
SEPTEMBER 27, 2021
We plugged it in five times, and despite an overall route that skewed more to long-distance highway travel than around-town errands, we managed to do 138 miles on grid electricity alone. Plug-in hybrids that never connect to the grid might as well not have a plug at all. Over five days, we put 276 miles on our test Wrangler 4xe.
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