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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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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

HVIP is intended to advance commercialization and to help reduce the total cost of ownership of advanced commercial vehicles in the state of California. Nikola’s Tre BEV, with a range of up to 330 miles, qualified for HVIP certification in California in January 2022.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

Green Car Congress

Each truck will have a range of approximately 100 miles between charges, ideal for delivery routes in and around cities. This innovation is the result of Workhorse working closely with UPS over the last 4 years refining our electric vehicles with hard fought lessons from millions of road miles and thousands of packages delivered.

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Tesla Full Self-Driving (FSD) Beta program surpasses 150 million cumulative miles

Teslarati

Tesla’s Full Self-Driving (FSD) Beta program has reached a significant milestone, attaining over 150 million miles driven (and counting) by users since the initiative was launched in October 2020. Musk also stated that Tesla has been making steady purchases of NVIDIA GPUs, even as the company continues working on its Dojo project.

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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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Everything You Need to Know About the Cost of Owning a Car

Clean Fleet Report

On the surface, it may seem like all you need to worry about is the purchase price, but that is just the tip of the iceberg. In reality, there are a lot of costs that come with owning a car. We’ve put together a comprehensive guide to help you understand all the costs associated with owning a vehicle. Gasoline Costs.

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