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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 per mile.

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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. —Gabriel Collins.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

The Tesla Model Y has officially joined the Ipswich, Massachusetts Police Department, and its price tag wasn’t all that bad considering the multiple incentives that were applied by local groups. However, many are uninformed and misconceived, still believing electric vehicles are six-figure vehicles reserved for the rich and wealthy.

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What You Need to Know Before Purchasing an EV

Clean Fleet Report

Preparing for Real World Encounter with a New Electric Vehicle. The electric vehicle (EV) revolution is upon us, and many people are beginning to agree. However, they do come with their own set of limitations that you should be aware of before making the purchase. The initial purchase price is higher for EVs.

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Report: Tesla lobbied for higher taxes on gas and diesel vehicles in the UK

Green Car Reports

Tesla lobbied the United Kingdom government to raise taxes on gasoline and diesel cars in order to fund higher subsidies for electric cars, The Guardian reported Tuesday.

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Tesla lawsuit alleging repairs and parts monopoly has been dismissed

Teslarati

A judge has ruled in Tesla’s favor in a lawsuit claiming that the automaker has monopolized parts and services and forced customers to pay high prices alongside long wait times. The suit combined five separate lawsuits in which drivers paid for repairs and parts services from Tesla since March 2019.

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Tesla rivals face rising inventory — and it’s becoming an issue

Teslarati

A survey from Cox Automotive estimates that electric vehicle sales in the US auto market could surpass 1 million units for the first time in 2023. Electric cars currently account for about 6.5% Cox also found that about 51% of consumers are now considering the purchase of a new or second-hand EV.