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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 per mile.

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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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US Congress Considers 1st-Ever Purchase Incentive for Commercial EVs

CleanTechnica EVs

Last week, Senators Schumer and Manchin announced a compromise on a reconciliation bill, called the Inflation Reduction Act of 2022, that includes significant climate and air quality progress and a goal to reduce greenhouse gas emissions nationwide by 40 percent by 2030.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Declining Fuel-Tax Revenues: Beyond Electric Vehicles.

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Teaser: New Acura Performance Electric SUV Concept to Be Revealed At Monterey Car Week

The Truth About Cars

Electric vehicle market share is growing in the U.S., Chinese car buyers are among the most prolific EV and PHEV buyers in the world, and the country recently saw their sales numbers eclipse those of gas vehicles for the first time. but it hasn’t climbed anywhere near the heights seen in other markets.

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Chinese Car Buyers Recently Scooped Up More EVs and PHEVs Than Gas Vehicles for the First Time

The Truth About Cars

Electric vehicle market share is growing in the U.S., Chinese car buyers are among the most prolific EV and PHEV buyers in the world, and the country recently saw their sales numbers eclipse those of gas vehicles for the first time. but it hasn’t climbed anywhere near the heights seen in other markets.

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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Ridesourcing vehicles’ high use intensity is economically attractive for electric vehicles, which typically have lower operating costs and higher capital costs than conventional vehicles. I get the benefit of driving my car, but the cost of the air pollution it creates is shared with everyone in my region. —Bruchon et al.

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