In Short : Affordable electric cars are crucial for mass adoption, making sustainable transport accessible to a wider audience. Lower production costs, government incentives, and advancements in battery technology can drive prices down. As affordability improves, EV adoption will accelerate, reducing emissions and dependence on fossil fuels while expanding the global shift toward clean mobility. […]
Cheaper electric vehicles coming despite high battery costs – EQ Mag Pro
WARREN, Mich. (AP) : Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came Thursday from General Motors, a Chevrolet Equinox small SUV with a starting price somewhere around $30,000 and a range-per-charge of 250 miles […]
Installing Home EV Chargers Just Got Much Easier (And Cheaper) – EQ Mag Pro
Of all the obstacles between the car-buying public and the electric vehicle revolution, the American home is one of the stickiest. Many lack garages or even driveways, and many others have old electrical systems, which means that EV charging at home is difficult, expensive to get started, or altogether a nonstarter. Nevertheless, there are solutions, […]
Karnataka CM Bommai wants cheaper electric vehicles for quicker shift to EVs – EQ Mag Pro
To increase the usage of electric vehicles, Karnataka CM Basavaraj Bommai has asked auto manufacturers to focus on making affordable EVs, reports PTI. “The cost of electric vehicles should be affordable for the common man. Then only its usage could see an increase. The manufacturers should focus more on this aspect,” Karnataka Chief Minister Basavaraj […]
Green hydrogen ‘now cheaper than grey in Europe, Middle East and China’: BNEF – EQ Mag Pro
The invasion by Russia and the subsequent moves to reduce reliance on its gas means that renewable H2 could already be seen as a viable option over the long term, says analyst. The Ukraine war has pushed up natural gas prices to the point where green hydrogen is now cheaper than highly polluting grey H2 […]
Electric vehicles are now on average £107 CHEAPER a year to own than petrol cars, analysis of lifetime running costs reveals
The sweet spot for electric vehicle ownership has been achieved, with the average zero-emission model already cheaper to own than a petrol car, new research claims. In 2020, the average lifetime running costs – including purchase price – for an electric car is £52,133, while an equivalent petrol model is £53,625. On average, an electric […]
Swiss company using concrete bricks to make renewables more stable, cheaper
Energy Vault plans to make wind and solar energy cheaper and more stable using bricks, a crane and gravity. A Swiss company has developed a concept to make wind and solar energy more stable by a combination of bricks, a crane and gravity. “For the first time, it allows production of energy from renewables at […]
