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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

However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run.

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Nikola Tre FCEV receives CARB ZEP Executive Order for HVIP eligibility; $240,000 base incentive per truck

Green Car Congress

Upon final HVIP approval, purchasers of the Nikola Tre FCEV in 2023 will be able to qualify for a base incentive valued at $240,000 per truck; $270,000 per truck for drayage fleets; or up to $288,000 per truck for fleets with (i) 10 trucks or less, (ii) performing drayage operations, and (iii) located within a disadvantaged community area.

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Tesla Model 3 Performance gets official EPA estimate

Teslarati

The Tesla Model 3 Performance All-Wheel Drive (AWD) received an official EPA estimate of 303 miles in the United States. The Performance qualifies for the Inflation Reduction Act’s (IRA) federal tax credit of $7,500. Customers may also purchase Tesla Full Self-Driving (FSD) Capability for an additional $8,000.

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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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This Volkswagen EV Now Comes with Full Tax Credit Benefits

The Truth About Cars

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. that qualifies for the full Federal Tax credit. 4 and how the tax credit enhances its accessibility.

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Nikola Tre FCEV receives CARB HVIP incentive eligibility; $240,000 to $288,000 per truck

Green Car Congress

Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the “Inflation Reduction Act”. Nikola’s Tre BEV, with a range of up to 330 miles, qualified for HVIP certification in California in January 2022.

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Rivian R1T has the highest range for an electric truck with a 328-mile EPA estimate

Teslarati

The Rivian R1T is now the electric truck with the most range after receiving a 328-mile range estimate from the Environmental Protection Agency (EPA). For comparison, the 2023 R1T with 22-inch wheels has an EPA estimated range of 303 miles, with calculated fuel savings of $3,000 over 5 years. Rivian R1T Tax Breaks.

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