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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.
Last year, the Biden Administration proposed a stringent vehicle pollution rule that would have driven up to two-thirds of vehicles to be electric by 2032. This year, the administration softened it.
Plug-in hybrids and electric cars run off lithium-ion batteries and rare-earth element electric motors.Electric vehicles use much more lithium carbonate equivalent in their batteries compared to the 7g (0.25 oz) for a smartphone or the 30 g (1.1 oz) used by tablets or computers.
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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...
In November 2013, the Texas Commission on Environmental Quality approved a rebate program to provide financial incentives up to $2,500 for the purchase or lease of new eligible vehicles powered by compressed natural gas (CNG), liquefied petroleum gas (LPG), or plug-in electric drive with battery capacity larger than 4 kWh, from a licensed dealer or leasing company. [2]
The calculator shows the Tesla Model Y could save $12,220 on fuel costs over 10 years, compared to the gas-powered Toyota RAV4 — meaning that it could take over 16 years to break even on the ...
When many people think of an electric car, they think of the high-end Tesla Model S with a purchase price of $89,990 for a long-range model. However, you can purchase an EV for about the same ...
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