Category: eV

How much money EV ownership saves depends on where you live

2024 Volkswagen ID.4A new University of Michigan study compares the cost of ownership for EVs and internal-combustion vehicles across 14 U.S. cities, finding that the path to cost parity between the two varies by region. The study found that the total cost of ownership for a 300-mile midsize electric SUV varies by $52,000 across all the cities studied. EVs were most...

270 miles of EV range was the US-market midpoint in 2023

2023 Hyundai Ioniq 6Is 270 miles enough of a rated range in a new electric vehicle? As the Department of Energy pointed out this past week, 270 miles was the median rated range for new 2023-model-year EVs. Meanwhile, the top EV range rating was once again earned by Lucid—for a version of the 2023 Lucid Air Grand Touring. Various studies over the past decade...