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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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Pacific states and BC agree to align GHG and clean energy policies; targeting 10% new vehicle ZEV purchases by 2016

Green Car Congress

The Governors of California, Oregon and Washington and the Premier of British Columbia signed a regional agreement strategically to align policies to reduce greenhouse gases and promote clean energy. Oregon will build on existing programs to set a price on carbon emissions.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

In California, for example, which currently has an adoption score of 45 (highest in the nation), state tax credits on the purchase or lease of a new EV is $2,000 for cars and $4,500 for trucks, SUVs and vans. With incentives, the total cost of ownership of a new Bolt is now just $26,200, down $6,600 from December of last year.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. However, the incentive does not apply to the purchase of PHEVs. Georgia offers a zero emissions vehicle (ZEV) tax credit of 20% of the cost, up to $5,000. Electric vehicles per 1,000 vehicles. Washington has exempted EVs from the state''s 6.5%

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

Green Car Congress

Eligible projects included those that replace, rehabilitate, lease, and purchase buses and related equipment as well as projects to purchase, rehabilitate, construct or lease bus-related facilities, such as buildings for bus storage and maintenance. million for hydrogen fuel cell buses. Description. City of Fairfield. 746,456.

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ICCT study finds state EV incentives playing a significant role in driving sales

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A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. per year in recent years.

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Forth and Mobility Development partner to launch national EV carsharing program; affordable model for underserved communities

Green Car Congress

This carsharing model as it will roll out builds upon the success of the Miocar program in California’s San Joaquin Valley (supported by Mobility Development), as well as Forth’s experience of piloting similar programs in rural Oregon—both efforts received proof of concept funding from DOE in 2019.