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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Power EV Index score for availability climbed sharply to 39.4 (on Power EV Index.

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EIA expects significant increases in US wholesale electricity prices this summer

Green Car Congress

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

Power, EV adoption in the US is growing increasingly divided, with the most active states for EV adoption already on the path to parity with internal combustion engine (ICE) vehicles and consumers steadily pulling back on EV purchases in the least-active states. Power 100-point index , bringing the total Adoption score to 21.

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EV prices nipping at gas-powered vehicle heels with discounts and cheaper options

Electrek

New data shows EV prices are nearly the same as gas-powered vehicles. more… The post EV prices nipping at gas-powered vehicle heels with discounts and cheaper options appeared first on Electrek. Who says electric vehicles are too expensive?

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Volvo flexes its pricing power for EVs with the EX30 rolling out for $35,000

Electrek

Rowan claims Volvo has “much more pricing power” as it rolls out its cheapest EV so far, the EX30, starting at $35,000. With “tremendous growth” expected for its EVs, Volvo CEO Jim Rowan says the brand is outpacing rivals.

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Electrify America introduces new pricing structure featuring kWh pricing in 23 states and DC; reduced rates for states with minute-based pricing

Green Car Congress

Electrify America introduced a new pricing structure designed to provide electric vehicle (EV) owners with consistent and transparent rates across its public brand-neutral fast-charging network. Kilowatt-Hour Pricing—Rates as Low as $0.31 Plus, all session fees have been eliminated. Cents Per kWh. Rates start at $0.31 per minute.

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Rad Power Bikes announces price reductions across all electric bike models

Baua Electric

Rad Power Bikes , one of the leading electric bicycle companies in the US, has just slashed prices on all of its e-bikes. The company made the announcement today, effectively ushering in many of the best holiday sales from late last year as new permanent pricing for 2024. FTC: We use income earning auto affiliate links.