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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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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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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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Mitsubishi Motors to launch new Mirage global compact in Japan; 1.0L gasoline engine with 64 mpg US

Green Car Congress

Mitsubishi Motors Corporation (MMC) will launch the all-new Mirage global compact car at dealerships throughout Japan on 31 August at an MSRP ranging from ÂĄ998,000 to ÂĄ1,288,000 (US$12,800 to $16,500). L/100km) on the JC08 cycle, making the Mirage the most fuel efficient registered gasoline car in Japan. The new Mirage. Earlier post.).

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The Big E: July 17, 2024 – Today’s Most Important News

Clean Fleet Report

EV Costs—What a Difference a Day Makes I wrote only three days ago about a study of EV costs that ranked all 50 states by the five-year cost of owning and operating an electric car. The numbers had a hiccup this month as the state decided to reverse a sales tax exemption for EVs that had been around for decades.

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Driving Dystopia: Pickup Sales Are Probably Going to Decline in the UK

The Truth About Cars

What I assumed would be a quick chat quickly devolved into my being educated on British tax codes, especially the benefit-in-kind (BIK) taxes applied to any items of value provided to employees. For corporate automobiles that also see private use, benefit-in-kind taxes are calculated as a perk on top of the base salary.

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