Expert insights. Personalized for you.
Pricing MEB architectureVolkswagen says that it aims to make “electric vehicles for millions, not millionaires” with its next-generation EVs. While that’s a clever tagline, what ultimately will matter to many households who want a new electric vehicle in the driveway is whether they can afford one of those models. Speaking at an event last month. MORE
Prices for 2021 Volvo plug-in hybrid models—nearly rebadged Recharge T8, or Recharge Plug-In Hybrid—are substantially lower than 2020 models, according to an early order guide obtained by CarsDirect. MORE
Karma Automotive Monday revealed pricing for its more affordable plug-in hybrid luxury car, the GS-6. With its arrival this month, the GS-6 starts at $83,900. A high-performance GS-6S model starts at $103,900. MORE
The suggested retail price of the 2015 Chevrolet Spark EV electric car will be cut by $1,650, to $25,995, GM announced today. Chevrolet''s chief global marketing officer, Tim Mahoney, announced the price cut today in a luncheon speech at the Washington Automotive Press Association. California incentives Pricing plug-in cars Prices Maryland Chevy Spark Spark EV compliance car Oregon MORE
DON'T MISS: 2018 Lexus RX 450hL hybrid three-row SUV priced from $51,600 At their peak about five years ago, hybrids. Pricing Fuel Economy PricesGas is cheap in the U.S. and has been for years. Hybrids are no longer a cutting-edge or cool technology; they're just another powertrain. The result is that hybrids have been quietly ebbing as a proportion of total vehicle sales. MORE
Electric-car battery-pack prices have fallen 13% in 2020, in some cases reaching a crucial milestone for affordability, according to an annual report released Wednesday by Bloomberg New Energy Finance (BNEF). MORE
And despite some makers' absorbing losses on the earliest cars, that means they sell for prices higher than those of similarly sized vehicles with combustion engines. incentives Pricing tax credit plug-in cars Prices PollsOne of the challenges of making and selling electric cars is that their batteries are still expensive. MORE
The Lucid Air electric car will be available in a base model with less power and a lower range than the high-end model unveiled last year, but at a much lower price. That means the true base price will. Pricing plug-in cars Lucid MotorsA Lucid Motors press release confirmed the Air base model will start at $52,500, after the $7,500 federal tax credit for electric cars is applied. MORE
On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper prices since 1 Jan 2020. Copper prices since 1 Jan 2000. By 10 December, that dropped back to $7,712/t.) MORE
on the price-conscious side. With electric-car battery prices on the way down, and the competition heating up, Ford has decided it's better to drop those prices before deliveries even start—which is very MORE
The Tesla Model 3 and Model Y get a price cut. Emissions is important to car buyers. Volta turns to U.S.-based based Proterra the batteries in its electric trucks for Europe. And Ford pushes toward making its cars in Europe all-electric. This and more, here at Green Car Reports. MORE
Tesla on Thursday cut prices for its most affordable versions of the Tesla Model 3 sedan and Model Y crossover by $1,000 and $2,000 respectively, while hiking prices on its Performance versions of those models. MORE
In its second quarterly update to its Lithium: Outlook to 2030, 17 th Edition report, Roskill maintains the view that future refined lithium supply will remain tight, with a period of sustained supply deficit in the mid-2020s. Further additions to lithium production capacity for mined and refined lithium products will be required to keep pace with demand growth, led by battery applications. MORE
The price drop on base models will save buyers $1,350 on 2018 models, which should help the car attract more customers. Plug-In Hybrids PricingThe 2018 Hyundai Sonata Plug-in Hybrid may cost car shoppers less, the company announced last week. It comes in the same two trim levels as before. Base models will start at $33,350, including destination. The Sonata Plug-in. MORE
Plug-In Hybrids Pricing Chevy Volt plug-in cars Prices The 2016 Chevrolet Volt was officially unveiled at January''s Detroit Auto Show, so there won''t be a lot of focus on the new plug-in hybrid with the 50-mile range at this week''s New York Auto Show. Instead, it''ll be all about the new 2016 Chevy Malibu mid-size sedan, including the new Malibu Hybrid model that uses an adapted version of the Voltec. MORE
On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. The true direction of prices in 2021 will only be revealed once Chinese traders return and assess their appetite for the metal in March, Roskill said. MORE
Tesla hasn’t made any memorable moves to adjust pricing to meet or beat rival vehicles from mainstream brands. Tesla CEO Elon Musk announced Wednesday that the “gauntlet has been thrown down”—appearing to refer to Lucid’s pricing of the base Air electric MORE
Karma prices the GS-6 plug-in hybrid. Karma has put a price tag on its GS-6 plug-in hybrid arriving soon, and. Alpha Motors shows us how retro-cute EVs can be styled for America. Virginia signs on with California standards. MORE
Now Cadillac's head marketer has admitted that pricing the compact-sized coupe at $75,000 was. Pricing plug-in cars Prices Range-Extended Electric VehicleThe Cadillac Converj concept, a range-extended electric coupe design, debuted to favorable reviews in January 2009. That was pretty much the last time much went right for the car, which went on sale in December 2013 as the 2014 Cadillac ELR. MORE
Cobalt metal prices (cobalt battery metal, min 99.8%, EXW Europe, USD/lb) have risen 15% from the July 2020 issue of Benchmark’s Cobalt Price Assessment to the most recent data published at the end of October 2020. MORE
The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE). MORE
As Hyundai prepares to launch an EV-focused brand using the Ioniq name, the 2021 Hyundai Ioniq enters the new model year with few changes and a slight price hike. MORE
Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. As we are witnessing in the passenger EV market, higher sales volumes are translating into lower prices. MORE
The 2017 Chevrolet Bolt EV electric car will carry a price of $37,495 for the base LT trim level, including the mandatory destination charge, before incentives. Pricing plug-in cars Prices EPA RatingsThe Bolt EV Premier model, which will include standard DC fast charging, starts at $40,905 before incentives. The Premier trim includes front and rear heated and leather-appointed seats, a. MORE
Hyundai is looking into battery leasing as a way to lower electric-car prices and ensure environmentally-conscious reuse of battery packs. MORE
When will electric vehicles be priced as low as comparable gasoline vehicles—or even lower than them? Those who closely follow EV adoption have been asking that question for years. MORE
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. MORE
Manufacture and pricing. Audi has introduced the e-tron GT four-door electric coupé, which is coming to the market as an RS model at the same time. MORE
Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. Gasoline prices are also influenced by gasoline demand relative to gasoline supply. by Michael Sivak. MORE
As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem. MORE
Rivian has released pricing as well as some key specifications for its Illinois-made electric trucks, the R1T electric pickup and R1S electric SUV, which are both due for first deliveries next summer. MORE
resale value residual values lease priceYes, really. Used electric cars have appreciated in value, in some cases. Call it a market adjustment or a momentary blip. You have one more thing to toast this new year: that the value of your electric vehicle probably isn’t plunging as rapidly as it was. It may, actually have gone up in value in recent months. Actual. MORE
The 2016 Chevrolet Volt plug-in hybrid will be priced from $33,995 when it goes on sale sometime this fall, a GM executive said this morning. The price, which includes delivery, is $1,175 lower than that of the outgoing 2015 Volt. Plug-In Hybrids Pricing plug-in cars PricesThe old Volt lacks the 50-mile range, 41-mpg fuel efficiency, and fifth "seating position" of the 2016 version. DON'T. MORE
The 2021 Audi E-Tron electric SUV gets an $8,800 lower base price and an 18-mile range increase for the new model year. The $66,995 base price (including a mandatory $1,095 destination charge) isn't a price cut. MORE
The 2021 Audi e-tron SUV family receives a number of updates and a new price point for the 2021 model year. New for model year 2021, the Audi e-tron model lines receive revised packaging, including attractive entry pricing with a new Premium trim level. MORE
a Canada-based company specializing in the design of electric propulsion systems for heavy-duty vocational vehicles, has launched an all-electric system at the same purchase price as diesel alternatives. Développement Effenco Inc., MORE
Pricing Tesla Motors plug-in cars Prices Battery Electric Vehicle (BEV) Tesla Model 3Since more than 350,000 people around the world put down $1,000 deposits to reserve a place in line, the Tesla Model 3 electric car has assumed larger-than-life status. Its maker, Silicon Valley-based Tesla Motors, recently reaffirmed that series production will start in July and that Model 3 deliveries will begin in the second half of the year. MORE
That base price--which includes a $900 destination charge--buys a RAV4 Hybrid XLE, one step up from the base LE trim level offered on gasoline models. Green PricingThe 2016 Toyota RAV4 Hybrid will start at $29,270, and will be offered in only two of the four trim levels available for its gasoline counterpart. Toyota also skipped the SE trim level for the. MORE
Pricing starts at $16,825 (including destination) for a base LX model with a six-speed manual transmission. Pricing subcompactThe 2017 Honda Fit hatchback went on sale in the U.S. last week with only minor changes. In addition to the manual transmission, a CVT automatic is optional on the LX and mid-level EX model, and mandatory on the top EX-L trim level. DON'T. MORE
That price (which includes the $880 destination charge) buys a base Sport model with front-wheel drive. Pricing subcompact SKYACTIVThe 2016 Mazda CX-3 small crossover will start at $20,840 when it goes on sale in the U.S. this fall. All-wheel drive is available on all models for an additional $1,250. DON'T MISS: 2016 Mazda CX-3 Details, Live Photos, Video: Small Crossover. MORE
This brief note analyzes the changes in the price of gasoline during the first 13 weeks of 2020 and compares them with the changes during the first 13 weeks of 2019. The raw data (the average retail price of regular gasoline) came from the U.S. During the first 13 weeks of 2020, the price of gasoline decreased by 22.2% (from $2.578 to $2.005). Indeed, during the same time period in 2019, gasoline prices increased by 20.3%. by Michael Sivak, Sivak Applied Research. MORE
A few weeks ago, we asked our Twitter followers how low electric-car prices would have to go for them to succeed in the market. The answers were revealing, because the sweet spot seemed to be around $25,000, the price chosen by half the respondents. Pricing plug-in cars PollsAnother quarter of the survey participants chose $30,000 (not so coincidentally, the effective. MORE
Batteries PricingIf you happen to be in California, rejoice; the 2019 Hyundai Kona Electric will arrive at dealerships in January, at just $37,495. That brings the effective total to $29,995 for the Kona Electric, provided you have enough taxable income to receive the full the federal electric vehicle tax credit. Now for the bad news: Although other. MORE
Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. From 1990 to 1995, cars had a higher average price than light trucks. Price data are adjusted for inflation (constant 2019 dollars). MORE
Price Related Topics Green Car Congress
FEBRUARY 20, 2021
On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. The true direction of prices in 2021 will only be revealed once Chinese traders return and assess their appetite for the metal in March, Roskill said.
Green Car Congress
DECEMBER 13, 2020
On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper prices since 1 Jan 2020. Copper prices since 1 Jan 2000. By 10 December, that dropped back to $7,712/t.)
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Green Car Reports
FEBRUARY 19, 2021
Hyundai is looking into battery leasing as a way to lower electric-car prices and ensure environmentally-conscious reuse of battery packs.
Green Car Reports
FEBRUARY 18, 2021
Tesla on Thursday cut prices for its most affordable versions of the Tesla Model 3 sedan and Model Y crossover by $1,000 and $2,000 respectively, while hiking prices on its Performance versions of those models.
Green Car Congress
NOVEMBER 30, 2020
Cobalt metal prices (cobalt battery metal, min 99.8%, EXW Europe, USD/lb) have risen 15% from the July 2020 issue of Benchmark’s Cobalt Price Assessment to the most recent data published at the end of October 2020.
Green Car Congress
FEBRUARY 9, 2021
a Canada-based company specializing in the design of electric propulsion systems for heavy-duty vocational vehicles, has launched an all-electric system at the same purchase price as diesel alternatives. Développement Effenco Inc.,
Green Car Congress
JANUARY 12, 2021
Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. From 1990 to 1995, cars had a higher average price than light trucks. Price data are adjusted for inflation (constant 2019 dollars).
Green Car Congress
DECEMBER 22, 2020
The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE).
Green Car Congress
MAY 30, 2018
Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. Gasoline prices are also influenced by gasoline demand relative to gasoline supply. by Michael Sivak.
Green Car Congress
APRIL 3, 2020
This brief note analyzes the changes in the price of gasoline during the first 13 weeks of 2020 and compares them with the changes during the first 13 weeks of 2019. The raw data (the average retail price of regular gasoline) came from the U.S. During the first 13 weeks of 2020, the price of gasoline decreased by 22.2% (from $2.578 to $2.005). Indeed, during the same time period in 2019, gasoline prices increased by 20.3%. by Michael Sivak, Sivak Applied Research.
Green Car Reports
FEBRUARY 22, 2021
Karma Automotive Monday revealed pricing for its more affordable plug-in hybrid luxury car, the GS-6. With its arrival this month, the GS-6 starts at $83,900. A high-performance GS-6S model starts at $103,900.
Green Car Reports
JANUARY 3, 2019
resale value residual values lease priceYes, really. Used electric cars have appreciated in value, in some cases. Call it a market adjustment or a momentary blip. You have one more thing to toast this new year: that the value of your electric vehicle probably isn’t plunging as rapidly as it was. It may, actually have gone up in value in recent months. Actual.
Green Car Reports
DECEMBER 17, 2020
Electric-car battery-pack prices have fallen 13% in 2020, in some cases reaching a crucial milestone for affordability, according to an annual report released Wednesday by Bloomberg New Energy Finance (BNEF).
Green Car Reports
FEBRUARY 22, 2021
Karma prices the GS-6 plug-in hybrid. Karma has put a price tag on its GS-6 plug-in hybrid arriving soon, and. Alpha Motors shows us how retro-cute EVs can be styled for America. Virginia signs on with California standards.
Green Car Congress
FEBRUARY 4, 2021
In its second quarterly update to its Lithium: Outlook to 2030, 17 th Edition report, Roskill maintains the view that future refined lithium supply will remain tight, with a period of sustained supply deficit in the mid-2020s. Further additions to lithium production capacity for mined and refined lithium products will be required to keep pace with demand growth, led by battery applications.
Green Car Reports
SEPTEMBER 19, 2016
The 2017 Chevrolet Bolt EV electric car will carry a price of $37,495 for the base LT trim level, including the mandatory destination charge, before incentives. Pricing plug-in cars Prices EPA RatingsThe Bolt EV Premier model, which will include standard DC fast charging, starts at $40,905 before incentives. The Premier trim includes front and rear heated and leather-appointed seats, a.
Green Car Reports
DECEMBER 17, 2018
Batteries PricingIf you happen to be in California, rejoice; the 2019 Hyundai Kona Electric will arrive at dealerships in January, at just $37,495. That brings the effective total to $29,995 for the Kona Electric, provided you have enough taxable income to receive the full the federal electric vehicle tax credit. Now for the bad news: Although other.
Green Car Reports
MAY 17, 2015
Now Cadillac's head marketer has admitted that pricing the compact-sized coupe at $75,000 was. Pricing plug-in cars Prices Range-Extended Electric VehicleThe Cadillac Converj concept, a range-extended electric coupe design, debuted to favorable reviews in January 2009. That was pretty much the last time much went right for the car, which went on sale in December 2013 as the 2014 Cadillac ELR.
Green Car Reports
FEBRUARY 8, 2021
As Hyundai prepares to launch an EV-focused brand using the Ioniq name, the 2021 Hyundai Ioniq enters the new model year with few changes and a slight price hike.
Green Car Reports
OCTOBER 14, 2020
Tesla hasn’t made any memorable moves to adjust pricing to meet or beat rival vehicles from mainstream brands. Tesla CEO Elon Musk announced Wednesday that the “gauntlet has been thrown down”—appearing to refer to Lucid’s pricing of the base Air electric
Green Car Reports
FEBRUARY 26, 2018
DON'T MISS: 2018 Lexus RX 450hL hybrid three-row SUV priced from $51,600 At their peak about five years ago, hybrids. Pricing Fuel Economy PricesGas is cheap in the U.S. and has been for years. Hybrids are no longer a cutting-edge or cool technology; they're just another powertrain. The result is that hybrids have been quietly ebbing as a proportion of total vehicle sales.
Green Car Reports
SEPTEMBER 12, 2016
And despite some makers' absorbing losses on the earliest cars, that means they sell for prices higher than those of similarly sized vehicles with combustion engines. incentives Pricing tax credit plug-in cars Prices PollsOne of the challenges of making and selling electric cars is that their batteries are still expensive.
Green Car Reports
OCTOBER 8, 2018
Pricing MEB architectureVolkswagen says that it aims to make “electric vehicles for millions, not millionaires” with its next-generation EVs. While that’s a clever tagline, what ultimately will matter to many households who want a new electric vehicle in the driveway is whether they can afford one of those models. Speaking at an event last month.
Green Car Reports
MARCH 2, 2017
Pricing Tesla Motors plug-in cars Prices Battery Electric Vehicle (BEV) Tesla Model 3Since more than 350,000 people around the world put down $1,000 deposits to reserve a place in line, the Tesla Model 3 electric car has assumed larger-than-life status. Its maker, Silicon Valley-based Tesla Motors, recently reaffirmed that series production will start in July and that Model 3 deliveries will begin in the second half of the year.
Green Car Congress
AUGUST 27, 2020
Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. As we are witnessing in the passenger EV market, higher sales volumes are translating into lower prices.
Green Car Reports
FEBRUARY 18, 2021
The Tesla Model 3 and Model Y get a price cut. Emissions is important to car buyers. Volta turns to U.S.-based based Proterra the batteries in its electric trucks for Europe. And Ford pushes toward making its cars in Europe all-electric. This and more, here at Green Car Reports.
Green Car Reports
MAY 3, 2015
The 2016 Chevrolet Volt plug-in hybrid will be priced from $33,995 when it goes on sale sometime this fall, a GM executive said this morning. The price, which includes delivery, is $1,175 lower than that of the outgoing 2015 Volt. Plug-In Hybrids Pricing plug-in cars PricesThe old Volt lacks the 50-mile range, 41-mpg fuel efficiency, and fifth "seating position" of the 2016 version. DON'T.
Green Car Reports
AUGUST 23, 2016
Pricing starts at $16,825 (including destination) for a base LX model with a six-speed manual transmission. Pricing subcompactThe 2017 Honda Fit hatchback went on sale in the U.S. last week with only minor changes. In addition to the manual transmission, a CVT automatic is optional on the LX and mid-level EX model, and mandatory on the top EX-L trim level. DON'T.
Green Car Reports
APRIL 14, 2015
The suggested retail price of the 2015 Chevrolet Spark EV electric car will be cut by $1,650, to $25,995, GM announced today. Chevrolet''s chief global marketing officer, Tim Mahoney, announced the price cut today in a luncheon speech at the Washington Automotive Press Association. California incentives Pricing plug-in cars Prices Maryland Chevy Spark Spark EV compliance car Oregon
Green Car Reports
NOVEMBER 12, 2020
Rivian has released pricing as well as some key specifications for its Illinois-made electric trucks, the R1T electric pickup and R1S electric SUV, which are both due for first deliveries next summer.
Green Car Reports
AUGUST 6, 2020
The 2021 Audi E-Tron electric SUV gets an $8,800 lower base price and an 18-mile range increase for the new model year. The $66,995 base price (including a mandatory $1,095 destination charge) isn't a price cut.
Green Car Reports
JULY 30, 2020
When will electric vehicles be priced as low as comparable gasoline vehicles—or even lower than them? Those who closely follow EV adoption have been asking that question for years.
Green Car Congress
FEBRUARY 10, 2021
Manufacture and pricing. Audi has introduced the e-tron GT four-door electric coupé, which is coming to the market as an RS model at the same time.
Green Car Reports
FEBRUARY 15, 2021
As GM prepares for the introduction of two very upscale electric vehicles, the GMC Hummer EV and the Cadillac Lyriq, the Bolt lineup plays an important role, it faces one pesky problem.
Green Car Congress
AUGUST 6, 2020
The 2021 Audi e-tron SUV family receives a number of updates and a new price point for the 2021 model year. New for model year 2021, the Audi e-tron model lines receive revised packaging, including attractive entry pricing with a new Premium trim level.
Green Car Reports
SEPTEMBER 29, 2020
on the price-conscious side. With electric-car battery prices on the way down, and the competition heating up, Ford has decided it's better to drop those prices before deliveries even start—which is very
Green Car Reports
MARCH 16, 2017
The Lucid Air electric car will be available in a base model with less power and a lower range than the high-end model unveiled last year, but at a much lower price. That means the true base price will. Pricing plug-in cars Lucid MotorsA Lucid Motors press release confirmed the Air base model will start at $52,500, after the $7,500 federal tax credit for electric cars is applied.
Green Car Reports
NOVEMBER 9, 2015
That base price--which includes a $900 destination charge--buys a RAV4 Hybrid XLE, one step up from the base LE trim level offered on gasoline models. Green PricingThe 2016 Toyota RAV4 Hybrid will start at $29,270, and will be offered in only two of the four trim levels available for its gasoline counterpart. Toyota also skipped the SE trim level for the.
Green Car Reports
MARCH 31, 2015
Plug-In Hybrids Pricing Chevy Volt plug-in cars Prices The 2016 Chevrolet Volt was officially unveiled at January''s Detroit Auto Show, so there won''t be a lot of focus on the new plug-in hybrid with the 50-mile range at this week''s New York Auto Show. Instead, it''ll be all about the new 2016 Chevy Malibu mid-size sedan, including the new Malibu Hybrid model that uses an adapted version of the Voltec.
Green Car Reports
JULY 17, 2015
That price (which includes the $880 destination charge) buys a base Sport model with front-wheel drive. Pricing subcompact SKYACTIVThe 2016 Mazda CX-3 small crossover will start at $20,840 when it goes on sale in the U.S. this fall. All-wheel drive is available on all models for an additional $1,250. DON'T MISS: 2016 Mazda CX-3 Details, Live Photos, Video: Small Crossover.
Green Car Reports
AUGUST 20, 2020
Prices for 2021 Volvo plug-in hybrid models—nearly rebadged Recharge T8, or Recharge Plug-In Hybrid—are substantially lower than 2020 models, according to an early order guide obtained by CarsDirect.
Green Car Reports
JULY 23, 2018
The price drop on base models will save buyers $1,350 on 2018 models, which should help the car attract more customers. Plug-In Hybrids PricingThe 2018 Hyundai Sonata Plug-in Hybrid may cost car shoppers less, the company announced last week. It comes in the same two trim levels as before. Base models will start at $33,350, including destination. The Sonata Plug-in.
Green Car Reports
SEPTEMBER 20, 2016
A few weeks ago, we asked our Twitter followers how low electric-car prices would have to go for them to succeed in the market. The answers were revealing, because the sweet spot seemed to be around $25,000, the price chosen by half the respondents. Pricing plug-in cars PollsAnother quarter of the survey participants chose $30,000 (not so coincidentally, the effective.
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