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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

However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run.

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China Yuchai delivers 76 diesel-electric plug-in hybrid buses to Shenzhen

Green Car Congress

This is the second large order from Siweimei since its purchase of 110 units at the end of 2016. Siweimei provides private group transport including for tourism operations and was designated as the preferred transporter for the XIX International Botanical Congress presently being held in Shenzhen City. in Shenzhen.

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. The credit generally is available for vehicles purchased after 2005. The conference agreement does not include $2.4

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Fortescue Future Industries signs agreement with JCB and Ryze Hydrogen to become UK’s largest supplier of green hydrogen; Xergy acquisition

Green Car Congress

Under a memorandum of understanding signed today prior to the COP26 climate conference, JCB and Ryze will purchase 10% of FFI’s global green hydrogen production.

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U.S. electric cars are starting to gain mass support

Setec Powerr

At the UN climate conference in November 2021, six major automakers, including Ford and General Motors, pledged to stop selling new gasoline and diesel vehicles by 2040. According to the Pew Research Center, 1 in 4 Americans say it’s “somewhat likely” to choose an electric vehicle for their next car purchase.

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UPS/Greenbiz study identifies motivators and barriers to electric fleets

Green Car Congress

Fifty-five percent of respondents cited the initial purchase price of electric commercial vehicles as the top barrier. Instead of undertaking a large-scale fleet overhaul, many companies will prioritize electric options when replacing vehicles and even consider electric leasing options to mitigate the initial purchase price.

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BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

But last year, we sold just 2,000, including 100 at retail,” Reithofer said on Thursday at the “Handelsblatt” annual conference in Munich. Because of the high purchase prices for electric cars, there is a need for incentives.“for for example, the tax law.”.In In Europe, the EU Commission wants to reduce CO2 emissions dramatically.

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