Category: Electric cars

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

2024 Volkswagen ID.4Many 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 touts Ohio EV flexibility, could make hundreds per day

Honda Saloon Concept  -  2024 CESHonda 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...

Fewer Americans aspire to EV ownership, Gallup poll suggests

2024 Cadillac LyriqAmerican 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...