The Escalating Costs of Owning a New Car
The Truth About Cars
JANUARY 5, 2024
Vehicle Characteristics Automakers have shifted their focus toward producing larger, more luxurious, and consequently more expensive vehicles, often equipped with additional features that contribute to the overall hike in ownership expenses. cents per kilowatt-hour (kWh) to 15.8 cents per kWh. Energy Information Administration (EIA).
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