There is a 4-cent difference per mile between owning a gas-powered car and an EV. EVs have lower maintenance costs, making them cheaper than gas-powered cars in their lifetime. One can save $8,000 ...

What Happened: The cost of making a Tesla car is now $36,000, down markedly from $84,000 in 2017, said Martin Viecha, Tesla’s vice president of investor relations, at a Goldman Sachs tech ...

Multinational automaker Stellantis is indefinitely closing an assembly plant in Illinois in February and laying off hundreds of workers, in large part due to the high cost of making electric vehicles.