Cars are great for us, but they are expensive.
That’s the conclusion of a new study from the National Renewable Energy Laboratory, and it may not be too far off the mark.
The team used data from the U.S. Census Bureau’s National Household Survey, which collected data on household income, employment, and consumption in 2011 and 2012, to determine that electric vehicles make up about a third of all vehicles used by American households.
The remaining two-thirds of cars in U.K. households were made up of older cars, the researchers said.
This is a big change from earlier studies, which focused on the use of older, more fuel-efficient models.
In fact, this study’s results are quite different from previous ones, according to the National Science Foundation.
“We are now at a point where we can say that electric cars make up approximately one-third of all vehicle purchases in the United States,” said David Kretzmann, a postdoctoral fellow in physics at NERC and lead author of the new paper.
“This is a huge leap forward in terms of how the U, U. K. are using electric vehicles and how much money is being saved.”
While electric cars have been in the news for the past year, it’s been a long time coming.
The first electric car was released in the U (in 2016) and the first battery-electric car debuted in the UK in 2019.
But the first mass-market electric car, the Tesla Model 3, didn’t debut until 2022, when it was unveiled in New York City.
In 2018, the first major auto manufacturer to bring an electric vehicle to market was Volkswagen, which launched its first electric model in 2020.
That year, the German automaker said it had a total of 1.1 million electric vehicles in operation in its fleet.
The new study’s authors say they’re not surprised by this shift in thinking.
“In the U., we were very, very focused on EVs and electric vehicles, so I think it’s an important thing to do,” Kretzer said.
“The big change is that we are now in a place where we are seeing this massive shift to electric vehicles.”
They also say that they are taking this to heart.
“I think a lot of the reasons people are choosing to buy EVs is that they want to save as much money as possible and to do it on the cheap,” Krenzelmann said.
The researchers say that there are three major benefits to driving an electric car: cost savings, improved fuel efficiency, and a reduction in CO2 emissions.
In a study published in the journal Transportation Research Record, Kretzelmann and his colleagues found that the cost savings they measured were about $300 less than what they would have paid for a gasoline-powered vehicle.
“It’s an enormous benefit to a consumer, to a society, to society at large, and to the environment, because a vehicle that’s going to be cheaper to operate, they’re going to save a lot more money in the long run,” Kretszmann said, adding that the savings can be made up in several different ways.
In addition, he said, EVs have the potential to reduce CO2 by about 5 percent a year.
“They have a huge impact on the world’s emissions and we’re going from 1.3 tons of CO2 to 0.2 tons of [CO2] per car, in terms the amount of CO3 released,” Kremzmann told New Scientist.
“And that’s just the cost of electricity.”
The study found that electric car owners are saving money on gasoline, while the savings they are making are smaller on the electric vehicle side.
“If you have a car with a gasoline engine, you can save $300 a year, on average, compared to what you would have to pay for a battery-powered car,” Kritzer said, noting that the difference in the cost per kilowatt hour is even larger for the price of gas.
“So that’s not just a theoretical cost-benefit.
We have a direct connection to that.”
The researchers also found that an average electric car can save about $200 on its own, and about $250 if you include the cost and maintenance costs of the batteries.
This includes the battery and transmission, but not the electronics.
“You can go for that, and the difference is very small,” Krendzmann added.
The study also found savings that could be passed on to the consumer.
“There are a lot things that you can do with the battery itself, you could use it to charge your phone,” Kreszmann noted.
“But there’s a lot you can also do with batteries themselves, which means the costs are very small and there’s no impact on your wallet.”