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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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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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Rising gas prices influence Tesla and electric car purchases: survey

Teslarati

There are numerous factors to consider when one is looking to purchase an electric car. There’s the specs, the range, and the company that is building the vehicle. The disruptions to Colonial Pipeline triggered notable fluctuations in gas prices, resulting in numerous consumers buying large amounts of fuel in panic.

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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . We are raising Model Y prices.

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Lightning Systems lowers prices of electric powertrains while adding and enhancing features

Green Car Congress

Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. As we are witnessing in the passenger EV market, higher sales volumes are translating into lower prices.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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South African Electric Vehicle Buyers Survey Shows That High Purchase Prices of EVs Still The Main Concern For Potential Buyers

CleanTechnica EVs

AutoTrader South Africa, in collaboration with Smarter Mobility Africa, has just released the 2022 edition of its Electric Vehicle Buyers Survey. The survey results show that 64% of respondents stated that they would purchase an electric vehicle within the next 5 years.