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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

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

Green Car Congress

Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing. metric tons annually and eliminate dangerous NO x and PM tailpipe emissions that contribute to air pollution.

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ABB Robotics auto manufacturing survey finds 59% of respondents believe EV adoption targets not achievable within regulatory timelines

Green Car Congress

Furthermore, within that context, challenges remain in the availability and cost of labor and how quickly large workforces can be reskilled.

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Autonomy partners with Equifax on EV subscription service

Green Car Congress

Through Autonomy’s subscription model, customers pay a monthly fee and start fee that covers the cost of the vehicle subscription plus routine maintenance costs, roadside assistance and soon auto insurance. Sample pricing from Autonomy for Tesla Model 3 program.

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Bye Aerospace unveils 8-seat all-electric eFlyer 800; Safran supporting propulsion design

Green Car Congress

Additional potential features include emergency auto-landing system; intelligent algorithm ensuring envelope protection; terrain avoidance and routing for emergency auto-land; and an option for supplemental power solar cells and in-wheel electric taxi.

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Shanghai auto show: Takeaways from Deutsche Bank

CN EV Post

Image credit: CnEVPost) As one of the most important auto shows in several years, the ongoing Shanghai auto show is attracting a lot of interest. This year's Shanghai auto show began last week, with media days on April 18-19, professional visitor days on April 20-21, and general public access on April 22 - 27.

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Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans. months, Kia at 64.8

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