Automotive Dashboard

Automotive Dashboard Follow @AEGEconGroup 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 [...]

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

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, traditional Internal Combustion Engine (ICE) vehicles saw a modest rise in fueling costs over Q2. The $0.16 increase is notably less than the $0.50 increase for EV home-fueling […]

At Least Four “IRA” Provisions Will Negatively Affect Sales of Electric Vehicles

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 […]

Mid-priced ICE vehicle fueling costs up over $2 per 100 miles in Q2 2022

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 per 100 miles in the second quarter, driven by the high cost of gas. In the same […]

Mid-priced ICE vehicle fueling costs up over $1.30 per 100 miles in Q1 2022

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 per 100 miles in the first quarter, driven by the high cost of gas. In the same […]

Second Edition: Real World Cost of Fueling EVs and ICE Vehicles

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 […]

Real World Cost of Fueling EVs and ICE Vehicles (2nd Edition)

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 […]

First Edition (2021): Real World Cost of Fueling EVs and ICE Vehicles

This report has been updated. Please see the Second Edition of this report, released April 6, 2022.   (First Edition, 2021) Electric Vehicles can be more expensive to fuel than their internal combustion engine counterparts Patrick L. Anderson, Principal and CEO Alston D’Souza, Senior Analyst The automobile industry is on the cusp of the biggest […]

EV Fueling Study FAQ

EV Fueling Cost Comparison Study: Comment Responses, Clarifications, and FAQs Since the release of the first edition on October 27, we have noted several hundred questions and comments regarding the study Comparison: Real World Cost of Fueling EVs and ICE Vehicles. Below, we respond to those we have seen most frequently. Note that the second […]