article thumbnail

Kandi electric car open to US orders August 18, with $20,499 starting price

Green Car Reports

When will electric vehicles be priced as low as comparable gasoline vehicles—or even lower than them? Those who closely follow EV adoption have been asking that question for years.

Price 213
article thumbnail

CMU/Yale study suggests BEVS could be majority or near-majority of cars and SUVs by 2030 given technology trends

Green Car Congress

A suggestive market-wide simulation extrapolation indicates that if every gasoline vehicle had a BEV option in 2030, the majority of new car and near-majority of new sport-utility vehicle choice shares could be electric in that year due to projected technology improvements alone. —Forsythe et al. Forsythe et al.

SUV 397
article thumbnail

Why More Americans Are Considering Electric Cars Now Than Ever Before

The Truth About Cars

Photo credit: husjur02 / Shutterstock.com Recent data collected over a three-year period ending in February 2024 shows a significant increase in consumer searches for electric vehicles (EVs). Influence of Fuel Prices on EV Demand A distinct spike in searches for electric vehicles was noted between February and March 2022.

article thumbnail

EV Pricing Could Go The Way Of Gasoline Pricing. In Other News, Sky is Blue

The Truth About Cars

A specter of EV charging prices eventually going the way of gasoline prices, complete with dynamic pricing and unpredictable costs. Prices at the pump took off just in time for the long weekend? The latest? You know – things with which drivers of ICE-powered vehicles have been dealing for decades.

Price 105
article thumbnail

Could Tesla's million-mile battery help it undercut gasoline vehicles in sticker price?

Green Car Reports

Achieving price parity with gasoline cars is a prerequisite of widespread electric-car adoption. New low-cost batteries designed to last a million miles are being developed to enable Tesla to sell electric cars profitably at the same price or less than comparable gasoline cars.

Gasoline 165
article thumbnail

Electric Cars Equal Gasoline Cost Of Just 75 Cents A Gallon

Green Car Reports

The last time you could buy a gallon of gasoline in the U.S. If you own an electric car today though, the price you''re paying for electricity is equivalent to about 75 cents per gallon. According to a study by the Northeast Group (via Charged EVs), 25 utilities in 14 states currently offer electricity rates.'

article thumbnail

Mitsubishi Motors Announces Trim-By-Trim Pricing For All-New 2023 Outlander PHEV

Electric Cars Report

Mitsubishi Motors North America (MMNA) announced detailed pricing for its all-new flagship, the 2023 Outlander PHEV, which will be in showrooms starting in November.