Cost Of, Price and Tax

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

Green Car Congress

JUNE 15, 2021

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.

Maintenance

Maintenance Cost Of Chad Plug-in

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

Green Car Congress

OCTOBER 9, 2020

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

Purchase

Purchase Cost Of Price Gasoline-Electric

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

MAY 6, 2022

Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement. It measures the social cost in US dollars of adding a ton of CO 2 to the atmosphere.

Tax

Tax Carbon Global Climate Change

J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

MARCH 30, 2023

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.

Price

Price Power Powered Tax Credit

Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

JULY 24, 2012

Ford is pricing the new C-MAX Energi—expected to offer 15 class-exclusive features, a 550-mile (885 km) total range and more than 20 miles (32 km) of electric-only range ( earlier post )—at $33,745. Its eligibility for a $3,750 federal tax credit drops that to $29,995. The base MSRP for the Prius Plug-in Hybrid is $32,000.

Tax Credit

Tax Credit Plug-in Tax Ford

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

Green Car Congress

AUGUST 14, 2021

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.

Transportation

Transportation Alternative Fuels Maintenance Chad

UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

JUNE 28, 2013

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”. Depreciation.

Diesel

Diesel Cost Of Gasoline Vehicles

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

JANUARY 6, 2020

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers.

Tax Credit

Tax Credit Fisker Tax SUV

Study finds biomass-to-liquids fuels could be economically competitive at current price levels; pyrolyzer and biorefinery collectives

Green Car Congress

APRIL 8, 2012

Given a sufficiently large production scale, liquid fuels such as diesel produced from crop residue could be economically competitive with petroleum-derived fuels at current price levels, suggests a new study by a team from the Stevens Institute of Technology. Their analysis is published in the ACS journal Energy & Fuels.

Price

Price Fuel Oil Diesel

RAC says UK motorists are reducing car use because of higher costs, support for higher speed limits falling

Green Car Congress

JUNE 3, 2012

The latest annual Report on Motoring by the Royal Automotive Club (RAC) says that motorists are continuing to give up important day-to-day activities by car as a result of the high cost of motoring. The report recommends a move to a widespread system of road pricing.

Tax

Tax 2012 MPH Cars

Tesla Model 3 Long Range Now Eligible for Full $7,500 Tax Credit — Low Cost of Ownership Now

CleanTechnica EVs

JUNE 19, 2024

You can now buy the Tesla Model 3 Long Range in the United States and get the full $7500 federal tax credit. That is, of course, if you have that much tax liability. Consult a tax professional before counting on the full $7500 if you are not sure of your.

Tax Credit

Tax Credit Low Cost Tax Cost Of

Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

FEBRUARY 24, 2021

These high prices result from uncommonly large fixed costs that are bundled into kilowatt-hour prices and passed on to customers. What Californians pay is much higher than the true marginal cost of using electricity. When CARE customers are removed, average rates for non-CARE households are about 10% higher.

Affordable

Affordable Tax San Diego California

Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Green Car Congress

AUGUST 6, 2022

The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions. Cost assessments represent a final cost/price to the consumer, excluding taxes on the final product (e.g.,

Fuel

Fuel Vehicles PHEV Carbon

Tesla Model 3 LR AWD now qualifies for Point of Sale $7,500 EV tax credit

Teslarati

JUNE 17, 2024

Tesla’s Model 3 Long Range All-Wheel-Drive configuration has appeared on the list of vehicles qualifying for the IRS’s $7,500 electric vehicle tax credit, enabling carbuyers to get their rebate in a new Point of Sale method that the agency announced late last year. Buying an EV? I’d love to hear from you!

Tax Credit

Tax Credit Tax Sale Tesla

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

Green Car Congress

DECEMBER 1, 2013

Now, researchers at Imperial College London have shown that bioethanol production from bamboo in China is both technically and economically feasible, as well as cost-competitive with gasoline. China bioethanol pump price for five enzyme loading scenarios in ( a ) 2011 with a 16¢ per liter (60.6¢ gallon US) with tax exemption and a $0.16/liter

Gasoline

Gasoline China Tax London

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

JULY 29, 2022

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. That’s higher than the cost of a comparable diesel-powered Class 8 truck, so the Tesla Semi would have to be very compelling to convince drivers and fleet owners to make the switch to electric.

Tax Credit

Tax Credit Affordable Tax Tesla

EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

APRIL 30, 2019

In contrast, the global experiences from carbon markets and taxes make clear that much less expensive ways to reduce CO 2 are available right now. They find that RPS programs significantly increase retail electricity prices, with prices rising by 11% seven years after the policy became law and 17% twelve years afterwards.

Renewable

Renewable Price District of Columbia Chicago

Study finds wide range in GHG intensities and production costs of cellulosic ethanol from corn stover, switchgrass and miscanthus

Green Car Congress

FEBRUARY 4, 2015

Scatter plot of production cost of cellulosic ethanol and percentage GHG savings relative to energy equivalent gasoline over simulation period. Production cost of ethanol is annualized over the simulation period. Average parameter values are used for determining production costs. Credit: ACS, Dwivedi et al. Click to enlarge.

Cost Of

Cost Of Range Production Gasoline-Electric

Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

OCTOBER 29, 2021

Malaysian government officials are petitioning and working toward making electric vehicles exempt from taxes, including import and excise duties, as well as road taxes. According to Paultan , a Malaysian automotive news site, supporting politicians are proposing a 100% exemption from the road tax for EVs.

Malaysia

Malaysia Tax Buy Purchase

Volkswagen prices 2017 e-Golf starting at $30,495; longer range, better fuel economy, more power

Green Car Congress

SEPTEMBER 15, 2017

is pricing the 2017 e-Golf starting at $30,495, plus $820 destination. Honda is leasing the Clarity for $269 (plus tax) per month. Based on an average price of 13 cents per kilowatt-hour, the EPA has estimated an annual fuel cost of $550. Volkswagen of America Inc. kWh, up from 24.2 kW on-board charger.

Fuel Economy

Fuel Economy 2017 Economy Range

Tesla starts promoting Model 3 and Model Y’s IRA-adjusted prices

Teslarati

JUNE 8, 2023

A look at Tesla’s official pages for the Model 3 sedan and Model Y crossover shows that the electric vehicle maker is highlighting the fact that the electric cars are eligible for the IRA’s $7,500 tax credit. “If eligible, state & local incentives can drop prices as low as $20k in certain states!”

Tax Credit

Tax Credit Price Tesla Tax

Reducing the cost of electric vehicles

Electric Vehicles India

DECEMBER 14, 2021

Reducing the cost of electric vehicles. 10,000/KWh with an increase in cap from 20% to 40% of the cost of the vehicle from 11th June 2021, thus enabling the cost of Electric two-wheelers at par with that of ICE two-wheeler vehicles. Drop-in battery price will result in cost reduction of electric vehicles.

Cost Of

Cost Of Electric Vehicles Vehicles Scrappage

Tesla Powerwall price drop rolls out in Australia again

Teslarati

APRIL 11, 2023

Tesla dropped the price of its Powerwall in Australia–for the second time this year– making it more affordable than ever. An email to Tesla Powerwall installers in Australia revealed that the company reduced the price of its home battery storage option by $1,699. Tesla has a list of certified installers on its website.

Australia

Australia Price Tesla Installation

Breaking: Tesla reduces Model 3 and Model Y prices in the United States

Teslarati

JANUARY 12, 2023

As per a recent update on Tesla’s official website, the company’s best-selling vehicles — comprised of the Model 3 sedan and the Model Y crossover — have been given substantial price cuts. . For the Tesla Model 3 , the vehicle’s base RWD variant now costs $43,990, $3,000 less than its previous cost of $46,990.

United States

United States Tax Credit Price Tesla

EPA confirms 250-mile range for Volkswagen ID.4 Pro and 1st Edition electric SUV

Green Car Congress

NOVEMBER 26, 2020

According to the EPA’s calculations, based on an electricity cost of 13 cents per kilowatt-hour, the ID.4 4 has estimated an annual fuel cost of $700. 4 owners also benefit from three years of unlimited charging sessions with Electrify America at no additional cost to the vehicle’s purchase price. The 2021 ID.4

EPA

EPA Miles SUV Range

ICCT study details differences in fiscal policies to support uptake of EVs across 11 major markets

Green Car Congress

MAY 6, 2014

Tax exemptions and subsidies are playing a key role in spurring electric vehicle markets, but in widely divergent ways, the report by Peter Mock and Zifei Yang finds. Evaluation of total cost of ownership for Norway, France, and Germany. Source: ICCT.

Market

Market 2013 PHEV Netherlands

Tesla Model 3 just became cheaper than Toyota Camry in California

Teslarati

JUNE 6, 2023

The Tesla Model 3 just became less expensive than the price of the Toyota Camry in California thanks to the company’s confirmation that each of the all-electric sedan’s trim levels qualifies for the full $7,500 tax credit. ALSO READ: Tesla Model Y price cuts have brought costs below U.S.

Tax Credit

Tax Credit California Toyota Tax

Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

DECEMBER 17, 2013

Centralizing management of capital and operational expenditures under one office was crucial in capturing “total cost of ownership” savings, according to the report. Each of these vehicles are estimated to save the city $7,000 in fuel and maintenance over a three-year period.

Houston

Houston Fleet Tax Credit Plug-in

National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

MAY 22, 2013

PEVs have higher purchase prices than comparable conventional vehicles. Research indicates that people heavily discount the value of future gains; sticker-price premiums typically will be difficult to overcome with fuel-savings promises alone.

Plug-in

Plug-in Automobile Manufacturer Tax Installation

NHTSA calculates US motor vehicle crashes in 2010 cost $871B in economic loss and societal harm

Green Car Congress

MAY 30, 2014

The US Department of Transportation''s National Highway Traffic Safety Administration (NHTSA) released a new study that finds the price tag for motor vehicle crashes in the US in 2010 carried a cost of $871 billion in economic loss and societal harm. The economic cost of motor vehicle crashes in the US is the equivalent of 1.9%

2010

2010 Motor Motors Motoring

Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

EV Adoption

AUGUST 18, 2021

Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV). In this part 2 article, we’ll dive deeply into the elimination of the per manufacturer 200,000 EVs sold phaseout.

Tax Credit

Tax Credit Tax Manufacturer Parts

Georgia Tech study finds MD electric urban delivery trucks have cost advantages over diesel in some conditions; relative benefits depend on numerous factors

Green Car Congress

SEPTEMBER 26, 2013

Researchers at Georgia Tech have compared medium-duty (MD) electric and diesel urban delivery trucks in terms of life-cycle energy consumption, greenhouse gas (GHG) emissions, and total cost of ownership (TCO). One surprise among their findings was that the electric truck had cost advantages over the diesel vehicle under some conditions.

Georgia

Georgia Diesel Gas-Electric Electrical

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

NOVEMBER 8, 2013

The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs.

Fuel Economy

Fuel Economy Economy Plug-in Plug

ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

OCTOBER 31, 2014

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. per year in recent years.

Sale

Sale District of Columbia PHEV North Dakota

Peninsula Clean Energy expands EV rebate program; up to $1,000 for new EVs under $45K

Green Car Congress

OCTOBER 2, 2020

The 2020 New EV Rebate Program will offer rebates of $1,000 towards the cost of a new fully electric vehicle and $700 for a plug-in hybrid purchased by San Mateo County residents between 1 October through 31 December. Eligible vehicles are any new EVs that have a purchase contract cash price of $45,000 or less, before sales tax.

Cleaning

Cleaning Clean Energy Purchase

Tesla rolls out slight Model S, Model X, and Model Y price increase in the US

Teslarati

MAY 12, 2023

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

Price

Price Tesla Tax Credit Financing

Tesla Model 3 is the most affordable car to run in the United States: study

Teslarati

JANUARY 27, 2025

This is quite impressive for Tesla’s two mainstream vehicles as the Model 3 and Model Y are both premium priced. The analysis: For its study , Self Financial considered the running costs of the 50 best-selling vehicles from 2022 to 2024 to find out how much it costs to run a car on average in the United States.

United States

United States Affordable Maintenance Tesla

UMTRI study finds diesel vehicles save owners thousands in total ownership costs compared to gasoline vehicles

Green Car Congress

JULY 19, 2013

Green reviewed the role clean diesel vehicles play in the current vehicle fleet by analyzing the total cost of ownership of diesels and comparing it to that of their gas vehicle counterparts. They developed three- and five-year cost estimates of depreciation by modeling used-vehicle auction data and fuel costs by modeling government data.

Gasoline

Gasoline Diesel Vehicles Fuel Economy

Electric company car tax explained

Drive Electric

MAY 25, 2021

The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars. What is company car tax? How much is company car tax? Company Car Tax bands.

Tax

Tax Companies Cars Electric

Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

Green Car Congress

JULY 9, 2018

A team at Arizona State University has analyzed the five-year Total Cost of Ownership (TCO) for representative electric, hybrid, and conventional vehicles—the Nissan Leaf (BEV), Toyota Prius (HEV), and Toyota Corolla (ICEV)—in 14 US cities from 2011 to 2015. —Breetz and Salon.

Prius

Prius Tax Maintenance Arizona

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

FEBRUARY 14, 2018

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. Comparing taxes between 2012 and 2015 yields a disconcerting result. Governments should do more and better.

Climate Change

Climate Change Climate Energy Tax

How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Blink Charging

APRIL 13, 2023

Usually when discussing federal electric vehicle tax credits in the United States , most people are referring to the Clean Vehicle Credit (formerly the Qualified Plug-in Electric Drive Motor Vehicle Credit) for new EVs. But that’s not the only federal tax credit for buying an EV. What is the federal US Used Clean Vehicle tax credit?

Tax Credit

Tax Credit Tax Cleaning Clean

Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

Teslarati

JANUARY 14, 2023

The Tesla Model 3 price cuts have put the cost of a new base Tesla Model 3 lower than that of some used Tesla Model 3s in some cities. due to the recent price cuts. The recent price cuts enable buyers to purchase a base Model 3 for $43,990, and with the EV tax credit, that price is further reduced.

Price

Price Tax Credit Tesla Tax

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

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

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

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

UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Study finds biomass-to-liquids fuels could be economically competitive at current price levels; pyrolyzer and biorefinery collectives

RAC says UK motorists are reducing car use because of higher costs, support for higher speed limits falling

Tesla Model 3 Long Range Now Eligible for Full $7,500 Tax Credit — Low Cost of Ownership Now

Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Tesla Model 3 LR AWD now qualifies for Point of Sale $7,500 EV tax credit

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Study finds wide range in GHG intensities and production costs of cellulosic ethanol from corn stover, switchgrass and miscanthus

Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Volkswagen prices 2017 e-Golf starting at $30,495; longer range, better fuel economy, more power

Tesla starts promoting Model 3 and Model Y’s IRA-adjusted prices

Reducing the cost of electric vehicles

Tesla Powerwall price drop rolls out in Australia again

Breaking: Tesla reduces Model 3 and Model Y prices in the United States

EPA confirms 250-mile range for Volkswagen ID.4 Pro and 1st Edition electric SUV

ICCT study details differences in fiscal policies to support uptake of EVs across 11 major markets

Tesla Model 3 just became cheaper than Toyota Camry in California

Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

National Academies issues interim report on overcoming barriers to PEV deployment

NHTSA calculates US motor vehicle crashes in 2010 cost $871B in economic loss and societal harm

Proposed Changes to Federal EV Tax Credit – Part 2: End of the Manufacturer Sales Phaseout

Georgia Tech study finds MD electric urban delivery trucks have cost advantages over diesel in some conditions; relative benefits depend on numerous factors

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

ICCT study finds state EV incentives playing a significant role in driving sales

Peninsula Clean Energy expands EV rebate program; up to $1,000 for new EVs under $45K

Tesla rolls out slight Model S, Model X, and Model Y price increase in the US

Tesla Model 3 is the most affordable car to run in the United States: study

UMTRI study finds diesel vehicles save owners thousands in total ownership costs compared to gasoline vehicles

Electric company car tax explained

Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

How Do the Used and Commercial Clean Vehicle Tax Credits Work?

Tesla Model 3 price cuts puts new car cheaper than some used Model 3s

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