HYBRIDS AND EVS ARE TOO EXPENSIVE
Hybrid and fully electric vehicles are more expensive than comparable gasoline-engine cars to purchase initially. But there’s more to the story. After your purchase, you’ll pay less to keep it running. For example, consider the frontwheel-drive 2021 Honda Passport SUV and the rear-wheel-drive electric Ford Mustang Mach-E.
The EPA estimates that an average American driver will pay $2,050 a year to gas up the Passport versus just $650 in electricity to drive the Mach-E for a year.
Some estimates say it can take as long as eight years to recover the increased cost of a battery electric vehicle compared to a gas-powered one, but that doesn’t take into account available financial incentives that can significantly reduce that time. Many vehicles are eligible for tax credits, and the amounts vary depending on your location. There is additional cost to have a home charging station installed, but here too incentives can come into play.
This story is from the Techlife News #515 edition of Techlife News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Techlife News #515 edition of Techlife News.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
'Kung Fu Panda 4' is a Sweet, Fun and Well Executed Passing of the Torch
“Kung Fu Panda 4” finds our trusty, rotund hero Po at a career crossroads and he’s nervous. “Change doesn’t have to be a bad thing,” he is told. “Kung Fu Panda 4” also finds the franchise at an inflection point, but there’s no reason for us to be nervous. DreamWorks knows what it’s doing.
UN SAYS E-WASTE FROM TRASHED ELECTRIC DEVICES IS PILING UP AND RECYCLING ISN'T KEEPING PACE
U.N. agencies have warned that electrical and electronic waste is piling up worldwide while recycling rates remain low and are likely to fall even further.
FRENCH REGULATORS FINE GOOGLE $272 MILLION IN DISPUTE WITH NEWS PUBLISHERS
France's competition watchdog hit Google on Wednesday with another big fine tied to a long-running dispute over payments to French publishers for their news.
TEXAS APPROVES LAND-SWAPPING DEAL WITH SPACEX AS COMPANY HOPES TO EXPAND ROCKET-LAUNCH OPERATIONS
SpaceX would acquire public land in Texas to expand its rocket-launch facilities under a tentative deal that is moving forward after months of opposition from nearby residents and officials near the U.S.-Mexico border.
SPACEX COMES CLOSE TO COMPLETING TEST FLIGHT OF MEGA ROCKET BUT LOSES SPACECRAFT NEAR END
SpaceX came close to completing an hourlong test flight of its mega rocket on its third try Thursday (14), but the spacecraft was lost as it descended back to Earth.
SPOTIFY PAID $9 BILLION IN ROYALTIES IN 2023. HERE'S WHAT FUELED THE GROWTH
Spotify paid out $9 billion in streaming royalties last year, the streaming giant said this week in its latest \"Loud and Clear\" report.
APPLE TO PAY $490 MILLION TO SETTLE ALLEGATIONS THAT IT MISLED INVESTORS ABOUT IPHONE SALES IN CHINA
Apple has agreed to pay $490 million to settle a class-action lawsuit alleging CEO Tim Cook misled investors about a steep downturn in iPhone's sales in China that culminated in a jarring revision to the company's revenue forecast.
PAIR ACCUSED OF STEALING BATTERY MANUFACTURING SECRETS FROM TESLA AND STARTING THEIR OWN COMPANY
Two men are accused of starting a business in China using battery manufacturing technology pilfered from Tesla and trying to sell the proprietary information, federal prosecutors in New York said.
AI IMAGE-GENERATOR MIDJOURNEY BLOCKS IMAGES OF BIDEN AND TRUMP AS ELECTION LOOMS
The popular artificial intelligence image-generator Midjourney has started blocking its users from creating fake images of President Joe Biden and former President Donald Trump ahead of the upcoming U.S. presidential election, according to tests of the AI tool.
AS ELECTRIC VEHICLE SALES SLOW, US 7 RELAXES PLANS FOR STRICTER AUTO EMISSIONS STANDARDS FOR A WHILE
The Biden administration this week is expected to announce new automobile emissions standards that relax proposed limits for three years but eventually reach the same strict standards proposed by the Environmental Protection Agency.