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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Low Maintenance Costs. It has fewer parts that would need constant maintenance and replacement. Tesla’s Model 3 paved the way to powerful, affordable EVs. Europe and China.

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Cost Parity?: Two Dozen EVs “Available” in the US Start At Less Than $45,000

EV Adoption

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates.

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Tesla Model 3 receives full EV incentives with new loophole

Teslarati

The Tesla Model 3 now qualifies for the full $7,500 EV incentive thanks to a new loophole in the tax incentive system. The EV tax credit changes currently preventing most EVs from receiving incentives are “ battery sourcing” requirements. The loophole identified by Bloomberg’s newest report is leasing.

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The Economics of Solar Energy: Is It Worth the Investment?

Baua Electric

However, these prices have dropped significantly over the last decade, making solar more affordable than ever. Additionally, governments around the world provide incentives such as tax credits, rebates, and grants, which can reduce the upfront cost by 30% or more.

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Blink’s 2023 Year in Review

Blink Charging

Specifically, BlueLA powered by Blink Mobility prioritizes affordable EV car sharing in cities, while Envoy concentrates on offering sharing services as an amenity in apartments, hotels, and workplaces. Like the tax credit for new EVs, the used EV tax credit included an AGI cap and must be sold by a licensed dealer.

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Dassaults SVE to Combine with and Dow Kokam in Li-ion Battery Partnership for EVs

Green Car Congress

Groupe Industriel Marcel Dassault (Dassault) and Dow Kokam LLC have signed an agreement that outlines the intention to combine the business activities of Dassault’s Société de Vehicles Electriques (SVE) unit with Dow Kokam, making Dassault a minority owner of Dow Kokam, a joint venture between Dow Chemical and Townsend Kokam for Li-ion batteries.

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Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

Calculating EV Depreciation: No Ground Rule Someone could argue that an internal combustion engine’s (ICE) lifespan is typically between 10 and 15 years, compared to a battery’s maximum lifespan of 5 years. Thus an EV should depreciate much more quickly than an ICE car because of the battery’s comparatively short lifespan.

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