Automotive Dashboard

For more than 20 years, Anderson Economic Group has taken pride in our position as the premier expert in automotive consulting. Our consultants, renowned for serving all three tiers of the auto industry, have designed this interactive dashboard to benefit manufacturers, OEMs, franchisees, trade associations, and public institutions. Our clients and patrons can now quickly [...]

Some Cars Cheaper to Fuel with Gas Than Electric in 2023

Mid-priced ICE cars cost $11 to drive 100 miles; comparable EVs cost $12 to $16 depending on charging modality East Lansing, MI–August 1, 2023: Anderson Economic Group has released fueling cost estimates for comparable internal combustion engine (ICE) vehicles and electric vehicles (EV) in the first half of 2023. AEG followed the rigorous methodology it […]

Gas-Powered Cars Cheaper to Fuel than Electric in Late 2022

This release updates our analysis first published in Real World Cost of Fueling EVs and ICE Vehicles. Drop in gas prices gives cost advantage back to ICE-powered vehicles for the first time since the second quarter of 2021. East Lansing, MI–January 24, 2023: 2022’s final quarter brought relief at the pump for drivers of traditional Internal […]

Continued Commentary: Automotive News & Views

Welcome to Automotive News & Views, a quarterly publication from the experts at Anderson Economic Group. NEWS TO KNOW: Fueling Costs Rise for Both ICE and Electric Vehicles in Q4 2022 Final-quarter results from Anderson Economic Group’s fueling cost study indicate that traditional Internal Combustion Engine (ICE) vehicles and Electric Vehicles (EV) both experienced a [...]

Tesla Growth Drives BEV Market-Share Increase

BEV market-share jumped to 5.2% in Q3 2022, thanks primarily to Tesla Sales East Lansing, MI–October 13, 2022: In the third quarter of 2022, the share of BEVs in the U.S. auto market reached 5.3% after selling around 176,000 units in Q3 2022, slightly higher than the previous quarter. In the same quarter of the […]

Fueling Costs Rise for Both ICE and Electric Vehicles in Q3 2022

This release updates our analysis first published in Real World Cost of Fueling EVs and ICE Vehicles. Mid-priced EVs cost their drivers $0.50 more in Q3, Mid-priced ICE up only $0.16 Print or download release East Lansing, MI–October 10, 2022: In the third quarter, the cost to fuel traditional vehicles powered by internal combustion engines […]