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 […]
An estimated 3/4 of recent EV purchases would no longer qualify for tax credits under the proposed “Inflation Reduction Act” August 9, 2022 – East Lansing, Michigan: An analysis by the automotive industry experts at Anderson Economic Group indicates that the “Inflation Reduction Act” bill passed by the Senate on Sunday August 9 contains at […]
This release updates our analysis first published in Real World Cost of Fueling EVs and ICE Vehicles. Cost to fuel a mid-priced EV up more than $2 over 2021 Q2 prices Print or download release East Lansing, MI–August 1, 2022: The cost of fueling a traditional Internal Combustion Engine (ICE) vehicle grew by about $2 […]
This release updates our analysis first published in Real World Cost of Fueling EVs and ICE Vehicles. Cost to fuel a mid-priced EV up less than $0.10 over 2021 prices Print or download release East Lansing, MI–May 11, 2022: The cost of fueling a traditional Internal Combustion Engine (ICE) vehicle grew by more than $1.30 […]
Authored by: Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst Approach As in the first edition, AEG calculated all four categories of costs involved in fueling both EVs and ICE vehicles across benchmark use cases that reflect real-world driving conditions for U.S. households. The costs included: The cost of the underlying energy (gasoline […]
High Gas Prices Boost Electric Vehicle Value Proposition in 2021 Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst 2nd Edition of comprehensive fueling cost study shows that, for EV drivers primarily charging at home, mid-priced EVs typically cost 50 cents more; luxury EVs $5 less per 100 miles Anderson Economic Group has released the […]