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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

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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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NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

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A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g.,

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Bosch Automotive Service Solutions introduces sub-$450 Level 2 EV charging station

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Bosch Automotive Service Solutions, formerly SPX Service Solutions, has introduced Power Max, a plug-in vehicle residential charging station with a starting price point of less than $450. The Power Max, which offers Level 2 240V charging in 16 or 30 amp models, will retail for roughly half the cost of current EV charging stations.

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Germany providing another €300M to subsidize private charging stations in residential buildings

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The German government is topping up the funding for private charging stations for electric cars in residential buildings by a further €300 million (US$349 million). The purchase and installation of the wall boxes are supported with a grant of €900 (US$1,050). Charging must be possible anywhere and anytime.

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Maryland school board approves purchase of 326 electric school buses; Thomas Built e-buses powered by Proterra

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Under the agreement, Highland and its project partners, including Thomas Built Buses, Proterra, and Annapolis-based American Bus, will electrify all five of MCPS’ bus depots, supplying the electric school buses and charging infrastructure along with services including managed charging.

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Germany providing another €100M to subsidize private charging stations; €500M total

Green Car Congress

Germany is adding another €100 million to its successful promotion of private charging stations for electric cars in residential buildings, bringing the total to €500 million. Purchase and installation of the wallboxes are supported with a grant of €900. We are already promoting around 470,000 new charging points.

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Frost & Sullivan: inductive (wireless) EV charging to grow with 126.6% CAGR 2012-2020

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A new report from Frost & Sullivan, “Strategic Analysis of Inductive Charging for Global Electric Vehicles (EV) Market,” finds forecasts the total market for inductive (wireless) charging will experience a compound annual growth rate of 126.6% Inductive charging will account for 1.2% Inductive charging will account for 1.2%

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