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

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.

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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.

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The Brand-New Tesla Model 3 Performance Already Got a Price Bump

The Truth About Cars

This will come as no surprise to anyone, but Tesla is yet again changing its prices, though this time it’s on a less-than-week-old vehicle. The Model 3 Performance, which only went on sale last week, has already received a $1,000 price bump , making it $53,990 to start. Image: Tesla] Become a& TTAC& insider.

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Tesla Model 3 now has lower purchase price than Toyota Camry in California

The Driven EV News

Tesla rejigs supply chain to ensure entry level Model 3 qualifies for full IRA tax credit. Combined with California's own rebate a new Tesla now costs less than a base model Toyota Camry. The post Tesla Model 3 now has lower purchase price than Toyota Camry in California appeared first on The Driven.