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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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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

For the first time, two electric vehicles with a 500-mile driving range (two variants of the Lucid Air) sit at the top of the guide’s 10 most fuel-efficient vehicles. The top 10 “fuel sippers” among 2022 models in the new guide are all-electric vehicles offering a minimum of 111 miles per gallon-equivalent fuel economy.

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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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IHS Markit: vehicle miles traveled to increase 65% in key markets by 2040, while vehicle sales slow

Green Car Congress

In a new study, IHS Markit forecasts that vehicle miles traveled (VMT) will by 2040 grow to an all-time high of around 11 billion miles per year (a 65% increase since 2017) in China, Europe, India and the United States—the key markets examined for the study—and will keep growing. IHS Markit, “Reinventing the Wheel.”

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Start of sales for the VW Golf eHybrid and Golf GTE PHEVs in Europe

Green Car Congress

Price in Germany starts at €39,781.18 (US$46,900). Base price: €41,667.40 (US$49,000). This allows a wider electric range. When the battery is charged, the Golf eHybrid and Golf GTE start electrically and therefore with zero local emissions. E-MODE permits all-electric driving on country roads and motorways.

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News: 2023 Chevrolet Bolt EV/EUV Get Big Price Drop

Clean Fleet Report

Significant Price Reduction Repositions Entry-Level EV. Chevrolet announced this week that its 2023 Bolt EV and Bolt EUV are going to get major drops in price. The new 2023 pricing (2022 pricing in parenthesis) includes the mandatory $995 destination fee. Same car, less cost. Same car, less cost. But it is more than that.

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Study finds EVs are traveling less than half the US fleet average

Green Car Congress

New data suggests that electric vehicles may not be an easy future substitute for the gasoline-powered fleet, as EVs currently travel less than half as much as the US fleet average. They found that the arrival of an EV in a household increases household electricity consumption by 2.9

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