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Half of 2024 EVs have lower 5-year ownership cost vs. ICE

Green Car Reports

Many EVs have a lower five-year cost of ownership than comparable gasoline models, according an annual roundup from Vincentric, a source for ownership cost calculations for websites and automakers.

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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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DOE estimates EV battery pack costs in 2022 nearly 90% lower than in 2008

Green Car Congress

The Department of Energy’s (DOE’s) Vehicle Technologies Office estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022 (using 2022 constant dollars). The decline in cost is due to improvements in battery technologies and chemistries, and an increase in manufacturing volume. Source: DOE.

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IRENA sees renewable hydrogen at least cost-possible within decade

Green Car Congress

Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA). A combination of falling costs for solar and wind power, improved performance as well as economies of scale for electrolyzers could make it possible.

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Nissan Micra EV to debut later this year as new low-cost electric car

Electrek

Nissan will unveil a new Micra EV as its newest low-cost electric car. Another affordable electric car is set to be unveiled later this year as Nissan looks to boost EV sales.

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Tesla Model Y & Model 3 Cost $10,000 Less Than Average New Car Price

CleanTechnica EVs

Much recent discussion around Tesla has been about a lower-cost, smaller Tesla (“Model C” or “Model 2,” as it is often called). continued] The post Tesla Model Y & Model 3 Cost $10,000 Less Than Average New Car Price appeared first on CleanTechnica. It seems that the majority of.

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Electric Vehicle Costs Declining Through 2025 — What About After 2025?

CleanTechnica EVs

Electric vehicle emissions costs are anticipated to continue to decline through 2025, after which they could stagnate, rise, or fall, [continued] The post Electric Vehicle Costs Declining Through 2025 — What About After 2025? appeared first on CleanTechnica.