Remove Cost Of Remove Tax Remove Tennessee
article thumbnail

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.

article thumbnail

TN will triple its dumb EV tax for inflation, but its gas tax lags inflation by ~5x

Baua Electric

Photo by Ron Cogswell on Flickr Tennessee has started the process of hiking its EV registration fee from $100 to $274 per year and beyond, aiming to continue hiking the fees in perpetuity, further increasing the disproportionately high taxes paid by EVs in the state as compared to gas cars. cent special petroleum fee “).

Tax 52
article thumbnail

Ford: Two new electric trucks, more hybrids, no three-row electric SUV

Baua Electric

Ford said it invested $400 million thus far in the three-row SUV, and that the final cost of its shifted product plan could reach up to $1.5 It will be built in Tennessee and has previously been referred to by Ford CEO Jim Farley as the “ Millennium Falcon of pickup trucks.”

Ford 52
article thumbnail

Electric Vehicle Spotlight: Financing a Volkswagen ID.4

EV Life

4 to its plant in Chattanooga, Tennessee, which allowed the popular SUV to join the ranks of EVs that qualify for the $7,500 federal tax credit. 4 trims are eligible for a federal tax credit of up to $7,500 and many state and local incentives. One of the most significant updates to the popular SUV crossover is where it is made.

article thumbnail

Electric vehicles are inflation relief

Electric Auto Association

A cost of ownership calculator and other tools can help you know how much you’ll save By Cameron Wolf, ZappyRide. Airlines , public transit , and regular commuters are feeling the strain of rising fuel costs, which have increased dramatically since August 2021. The cost of gas over the first 5 years of the car @ $3.58/gal

El Paso 84
article thumbnail

The Best Electric SUVs on the Market

EV Life

The Model Y qualifies for the full $7,500 federal EV tax credit. At the moment, the Mach-E only qualifies for half of the federal EV tax credit, providing eligible drivers a credit of up to $3,750. The Chevy Bolt EUV also qualifies for the full $7,500 federal EV tax credit. The other upside? Volkswagen ID.4

SUV 52
article thumbnail

Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The cost of battery packs has been a significant factor in the adoption of these technologies, and recent developments show that we’re moving in the right direction as prices drop. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh.

2008 52