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Consumer Reports: most popular electric vehicles cost less to own than the best-selling gas-powered vehicles in their class

Green Car Congress

Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Where, when and for whom are EVs most cost-effective? Anticipated driving patterns.

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Nacero awards 20-year wind power purchase agreement to NextEra for natural gas-to-gasoline plant in Texas

Green Car Congress

Texas-based Nacero, a company seeking to produce low- and zero-lifecycle carbon footprint gasoline blendstock ( earlier post ) has awarded a subsidiary of NextEra Energy Resources, LLC a 20-year power purchase agreement to supply wind power to Nacero’s planned flagship manufacturing facility in Penwell, Texas. Renewable natural gas.

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Filling vs. charging: Gas vehicles cost up to six times more than EVs

Green Car Reports

In the United States, electric cars are cheaper to drive per mile the their gasoline counterparts, according to recent analysis from the Zero Emission Transportation Association (ZETA). The advocacy group compared operating costs of EV and gasoline cars, including the average costs of charging and filling up with gasoline.

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EVs still cost much more than gas cars to insure—even hybrids

Green Car Reports

Electric vehicles continue to be vastly more expensive to insure than gasoline models, on average—hybrids included. According to Consumer Reports, citing national-average data from The Zebra, an insurance comparison tool, the Chevrolet Bolt EV costs slightly more to insure than the Toyota Prius or Hyundai Ioniq Blue hybrids.

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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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US-made Genesis Electrified GV70 EV costs much more than gas version

Green Car Reports

The Alabama-built 2023 Genesis Electrified GV70 electric SUV will start at $66,975 with the mandatory $1,125 destination charge, Genesis announced last week. The GV70 is an all-electric version of the Genesis GV70 compact crossover SUV, which was introduced for the 2022 model year.

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