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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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Lucid Motors (LCID) updates its 2024 model year Airs, including lower prices and a RWD Pure

Electrek

This morning, Lucid Motors shared details of its 2024 model year Air sedans, which are available for sale starting today. While the updates are minimal, Lucid is offering more customization options across its flagship EV, three of which (should) see lower pricing… some at the cost of some performance.

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MAHLE says it has developed the most durable electric motor; new cooling concept

Green Car Congress

The automotive supplier MAHLE has developed what it says is the most durable electric motor available: the superior continuous torque (SCT) E-motor. The traction motor can run indefinitely with high performance due to its new cooling concept. Building large electric motors that deliver short-term high performance is easy.

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

Green Car Congress

Tata Motors, India’s leading automobile manufacturer, launched the newest member of its EV family this past week: the Tiago.ev. Tata is offering special introductory prices starting INR 8.49 Equipped with a permanent magnet synchronous motor, Tiago.ev Equipped with a permanent magnet synchronous motor, Tiago.ev

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Pricing Slashing for EVs In India by Tata Motors & MG Motors

Get Electric Vehicle

Stills EVs are not accessible to certain groups of customers owing to the higher price of the EVs and range-related issues. According to industry experts, along with the price, customers are more concerned about the range and charging station availability of their vehicles. Price Drop For Punch.ev & Nexon.ev and Nexon.ev

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). billion transaction provides Lordstown Motors with $675 million of gross proceeds.

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Tata Motors launches Nexon EV in Nepal at this price

Electric Vehicles India

Tata Motors launches Nexon EV in Nepal at this price. Tata Motors has launched its electric car Nexon EV in Nepal at a starting price of NPR 35.99 Tata is also offering the same 8 years or 1,60,000 km warranty on the battery and motor of the EV and 3 years or 1,25,000 km warranty on the vehicle.

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