Drivers still largely pay a premium for electric vehicles, in part because they’re still costly for most companies to make.

Charging speeds are identical at up to 225 kW, and Tesla claims up to 170 miles of range can be added in 15 minutes. It weighs 3,759 pounds and has 24 cubic feet of cargo space. This trim offers the same three paint choices as the more expensive options.

Tesla said Wednesday that its profit sank in the third quarter after it cut car prices to lift sales. Profit fell to $1.4 billion from $2.2 billion a year earlier, a drop of 37 percent, the company said. Sales rose to $28.1 billion from $25.2 billion.

The $20,000-vehicle is now mostly extinct, and many price-conscious buyers are sidelined or cruising in the used-vehicle market,’ one auto

Electric vehicle owners will pay an additional $100 annually while gas vehicle taxes remain effectively unchanged.

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets.

Demand for Tesla’s vehicles and those of its rivals is also expected to drop through the rest of the year without the tax credits that have been a key driver of EV sales.

Maryland regulators are directing Baltimore Gas and Electric and other utilities to accelerate their role in the state’s transition to clean energy and greater use of electric vehicles. The Maryland Public Service Commission ordered investor-owned utilities in the state to ramp up plans to shift to clean energy,

Driving 100 miles in a gas-powered car in Nevada costs $15.04 — $2.24 more than the national average. A hybrid costs about half that at $7.23, still above the national average of $6.15.

The global electric vehicle market is facing an unexpected reckoning. Once hailed as the future of transportation, battery-powered cars are now rapidly losing value, eroding the