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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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Consumer Reports: most popular electric vehicles cost less to own than the best-selling gas-powered vehicles in their class

Green Car Congress

Owning a plug-in electric vehicle today will save consumers thousands of dollars compared to owning a gas-powered vehicle, according to a new analysis by Consumer Reports comparing electrics to CR’s top-rated vehicles, as well as the best-selling, most efficient, and best-performing gasoline-powered vehicles on the market.

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Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Projections of future gasoline and electricity prices. Anticipated driving patterns.

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EIA: Petroleum and natural gas will be the most-used fuels in the US through 2050

Green Car Congress

In this case—which reflects only current laws and regulations—renewable energy is the fastest-growing energy source through 2050, while petroleum remains the largest share of energy consumption throughout that period, followed by natural gas. Source: U.S. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022).

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What You Need to Know Before Purchasing an EV

Clean Fleet Report

Preparing for Real World Encounter with a New Electric Vehicle. The electric vehicle (EV) revolution is upon us, and many people are beginning to agree. However, they do come with their own set of limitations that you should be aware of before making the purchase. The initial purchase price is higher for EVs.

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The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. The Cost of Gas Has a Big Impact on Vehicle Choice. But for many people, one of the most important considerations is the cost of gasoline. SUV and Truck Sales Decreased as Gas Prices Increased.

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Transportation Sec. Buttigieg: Buy an EV and ‘never worry about gas prices again’

Teslarati

Transportation Secretary Pete Buttigieg said earlier today during an interview on MSNBC that those who purchase electric vehicles will “never have to worry about gas prices again,” as fees at the pump have continued to rise over the past year. The plan incentivizes the purchase of EVs. This is a $1.27

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