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A U.S. Department of Energy report found that, when factoring in the long-term ownership expenses, a small electric SUV costs $0.4508 per mile compared to $0.4727 per mile for a comparable gas car.
Electric cars accounted for just 7.6% of those sales. In California, the market share is already up to 20.1%. The ultimate limit on market saturation, theoretically, is 100% in 2035.
Cumulative plug-in electric car sales in California compared to the world's top-selling countries and regional markets as of December 2021.. The stock of plug-in electric vehicles in California is the largest in the United States, and as of December 2023, cumulative plug-in car registrations in the state since 2010 totaled 1.77 million units.
California's defunct Clean Vehicle Rebate Program offered rebates on electric cars as high as $2,500. Austin is a corps member for the Associated Press/Report for America Statehouse News Initiative.
Electric cars also have impacts arising from the manufacturing of the vehicle. [43] [44] Electric cars can utilize two types of motors: permanent magnet motors (like the one found in the Mercedes EQA), and induction motors (like the one found on the Tesla Model 3). Induction motors do not use magnets, but permanent magnet motors do.
Record high gas prices convinced drivers across the country to take a second look at going electric in 2022. After all, EVs cost more up front, but they pay you back over time with lower ownership...
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