Business

Study names Tesla as the cheapest EV to charge & drive

David Sickels is the Editor of The Buzz. He has a history of working in the media, marketing and automotive industries in both print and online.

Published: May 21, 2022

Zutobi has released its new study that calculates the cost of running over 100 different electric vehicles, revealing the most affordable models to run. The company ranked the vehicles according to how much it would cost to drive them 100 miles. Energy rates vary by state, so national energy prices were used to calculate the ranking.

The Tesla Model 3 Long Range Dual Motor is the most efficient electric vehicle to run, covering 100 miles on just $3.29 of charge. This allows it to travel over 3,000 miles for $100 worth of charging up.

In second place is the standard Tesla Model 3 at $3.45 of electricity for 100 miles. Meanwhile, Hyundai IONIQ Electric claims third place with 100 miles worth of electricity coming in at $3.49, equating to 2,866 miles per $100.

Canoo to export LDV 130 and LDV 190 delivery vehicles to Saudi Arabia

Jazeera Paints will be deploying Canoo’s LDV 130 and LDV 190 delivery vehicles within its existing fleet in Saudi Arabia.

By Christian Hinton

Published: April 9, 2024

Canoo signed a vehicle sales agreement with Jazeera Paints, which will initially purchase 20 of Canoo's EVs into its fleet this year, with the option to expand to up to 180 additional vehicles. This agreement taps into the Saudi Arabian EV market, which commands a total addressable market (TAM) of over $30 billion. It aligns with initiatives within the Gulf Cooperation Council (GCC) region to enhance sustainable mobility solutions, Canoo said.