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. Vincentric's analysis covers eight factors: depreciation, fees and taxes, financing, fuel cost, insurance, maintenance, opportunity cost and repairs... Half of 2024 EVs have lower 5-year ownership cost vs. ICE
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. Vincentric's analysis covers eight factors: depreciation, fees and taxes, financing, fuel cost, insurance, maintenance, opportunity cost and repairs... 
Honda is well underway in a $700 million effort to retool three of its plants and create a new $3.5 billion battery plant for U.S. EV mass-production. But it’s also emphasizing how much flexibility it has in the shift to accommodate that production. As it confirmed Friday, it will be able to make hundreds of EVs per day at its revamped... 
American EV ownership is growing, but fewer car shoppers who don't already own an EV are considering one, according to a new Gallup poll. Of those households surveyed, 7% reported owning an EV, up from 4% a year ago, while a steady 16% of Americans over the past few years indicated that they are "EV consumers," which Gallup defines as those who... 
EVs could end up using a lot of electricity, but efficiency improvements to support them could significantly reduce the need for new grid infrastructure, cut energy usage, and potentially save consumers billions of dollars, according to a new study from research firm EPRI and the Natural Resources Defense Council (NRDC). By 2050, charging of... 