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Nov 14, 2022

Startups draw on data-driven insights to slash the costs of EV ownership

Jeff St. John
Canary Media

Upfront costs remain the chief barrier for would-be EV buyers, as most EVs are currently more expensive than comparable gas-powered cars. But if financing models can bring those upfront costs down, EV owners could benefit over the long term, as EVs can be cheaper to own over their lifetime — a factor that’s informing other novel approaches to bringing down the cost for would-be EV owners, such as startup Zevvy’s EV leasing model aimed at high-mileage drivers.

Read the full article on Canary Media here.

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