Tag: EV

The hefty price tag (electric car cost) when first purchasing an electric vehicle are one of the reasons such cars lose their glossiness and attractiveness within the market.

Such reasons have been proved otherwise by a releases study (by Electric Power Research Institute (EPRI) which has compared the prices of the Nissan Leaf (NASDAQ: NSANY) as well as the Chevy Volt (2013 model) against comparable gas run vehicles in the market at that time.

The results are great for those wishing to live greener, as the two plug-ins were within 10% of gas run vehicles, both gas and hybrids. Because the gasoline prices are not stable, it’s one of the factors that could alter and effect this balance, though state and federal incentives as well as capital costs of the cars are even more imperative to take into account. Driving and maintenance also played a role in the findings.

In order to take into account [...]