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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

Researchers at Argonne National Laboratory, with colleagues from Lawrence Berkeley, Oak Ridge, and National Renewable Energy labs, and the University of Tennessee, have published a comprehensive analysis of the total cost of ownership (TCO) for 12 sizes of vehicles ranging from compact sedans up to Class 8 tractors with sleeper cabs.

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Half of 2024 EVs have lower 5-year ownership cost vs. ICE

Green Car Reports

Many EVs have a lower five-year cost of ownership than comparable gasoline models, according an annual roundup from Vincentric, a source for ownership cost calculations for websites and automakers.

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How the financing arm helped Mercedes Benz crack the Indian luxury market | Autocar Professional

Baua Electric

Today, it finances nearly half of all the Mercedes-Benz vehicles sold in India. Translated, this means that of all the cars sold by Mercedes-Benz in India, we are financing four out of 10 or two out of five vehicles,” said Brendon Sissing, CEO and Managing Director of Mercedes-Benz Financial Services (MBFS).

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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

A new study published by US Department of Energy’s (DOE) Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle, and how those costs vary by powertrain, from the conventional to the cutting-edge. Overall, hybrid electric vehicles tend to be the lowest-cost powertrain.

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The Escalating Costs of Owning a New Car

The Truth About Cars

This increment in sticker prices has a direct bearing on finance costs, reflected in an average annual finance charge of $1,253, signifying a staggering 90 percent surge compared to the prior year. Depreciation Depreciation, the decrease in a vehicle's value over time, serves as another significant cost component.

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Electreon to supply Israel’s 4th largest bus operator with wireless charging infrastructure; simultaneous charging of 30 buses

Green Car Congress

As part of the agreement Electreon will provide maintenance, support and operation services for the next 12 years. The cost of the deal is $1.9 In addition, Electra Afikim will bear the cost of the electricity. million in the project. million; it will cover the fleet’s activity, and includes 30 buses.

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The hidden costs of using an electric bike

Baua Electric

But while you’ll see plenty of people espousing the supposed advantages of electric bikes, it’s important to keep in mind some of the hidden costs of owning and using these two-wheeled electric vehicles. There’s also the reduced wear and tear on your car to consider, plus savings from the reduced car maintenance. What a waste!

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