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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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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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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. For instance, a car with a residual value (RV) of 40% would have lost 60% of its worth in three years or 36,000 miles (Industry standard).

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The Escalating Costs of Owning a New Car

The Truth About Cars

This article dissects the key drivers of this upward cost trajectory, centering on the effects of global supply chain disruptions and shifts in vehicle pricing. The Financial Breakdown Manufacturer's Suggested Retail Price (MSRP) The most recent YDC study discloses an average MSRP of $34,876 for new vehicles in 2023, marking a 4.7

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Updated Volkswagen 2017 e-Golf EPA-rated at 125 miles, 119 MPGe combined; pricing to come

Green Car Congress

In the US, Volkswagen’s updated 2017 e-Golf now carries an an EPA-estimated range of 125 miles—a 50% increase over the previous model year. The 2017 e-Golf goes on sale in the US later this spring, with pricing yet to be announced. Using 13 cents per kilowatt-hour, the EPA has estimated an annual fuel cost of just $550.

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How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs

Charged EVs

The commercial EV market is hot—a bit too hot for some. Hummingbird is addressing several global markets—it has customers in the US, Europe and China, and is now making a major push into India and the GCC (Persian Gulf) region. They’re getting into the market with the wrong technology and high capital investment costs.

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UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI).

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