Posted December 14, 2018 09:31:15With electric vehicles making up about 10 percent of the country’s total vehicle sales, and the government and automakers pushing for their inclusion in the 2020 U.S. Clean Power Plan, there’s a lot of demand for plug-ins and EVs in the market.
While there’s no shortage of EVs in China, the U.K. is also the leader in EVs with more than 20,000 in production, according to research firm EVSource.
China’s demand for EVs is fueled by a slew of factors including a glut of fuel-efficient cars on the market, and its booming manufacturing sector.
But for many people in the U: electric vehicles are too expensive.
The cost of an electric vehicle in the States has been on the rise in recent years, with average prices going up from $32,500 to $53,000 per vehicle.
So what’s the difference between the U and China?
Electric cars can be considered both plug-and-play and EV, but the difference is not always as clearcut.
In the U., electric vehicles typically use a battery pack that stores energy from a renewable source, like solar panels.
If a car needs to go somewhere, it usually uses a hybrid system that uses electricity from the sun to drive the car and then generates electricity from other sources to charge the car.
Electric cars typically have more fuel-efficiency than plug-In hybrids, but it is a significant cost.
The price of an EV can be as low as $27,000 or as high as $52,000 depending on the car model.
And EVs are generally more efficient than plug in hybrids.
According to a 2015 study from the Center for Automotive Research, plug-Ins and EVs had a greater fuel-economy than their gasoline-based counterparts.
Even though electric cars have been gaining in popularity in recent times, it is still expensive to own an electric car.
The average cost for an electric battery in the US is around $1,300, compared to $1.25 for an EV.
Electric cars are more efficient, more fuel efficient, and require less maintenance, compared with gasoline-powered vehicles, according the Electric Power Research Institute.
The cost difference is most pronounced in the Midwest, where the average price of a vehicle is $3,300 and an EV is about $15,000.
A recent report by the National Renewable Energy Laboratory (NREL) estimated that the average annual cost of owning an electric plug-IN vehicle was $2,200 for a typical year.
That’s more than double the cost of a comparable gasoline vehicle.