Vincentric Announces EV Cost of Ownership API

Vincentric, provider of automotive cost of ownership data, announced in a statement the addition of its EV API (Electric Vehicle Application Programming Interface). The company's new offering complements existing automotive Cost of Ownership API offerings for other new vehicles, used vehicles, and fleet and commercial vehicles.

According to the statement, the new EV API provides access to cost of ownership data for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), and features model years 2020-2023 with about 350 BEV and PHEV configurations in both the U.S. and Canada. As with all Vincentric APIs, users can access data that measures market price and costs for depreciation, financing, fuel/electricity, fees and taxes, insurance, maintenance, opportunity cost, and repairs. Users also have the option to access the same data for ICE-powered vehicles to compare BEVs and PHEVs versus similar ICE vehicles.

All versions of the Vincentric Cost of Ownership API are customizable for inputs such as geography, lifecycle period, and annual driving distance to deliver the most relevant, and insightful data to their users. 

“Cost of ownership data has a wide variety of uses for an even wider variety of clients, from dealers looking to demonstrate the value of the vehicles they sell, media outlets or blogs looking to supplement their content, to EV enthusiasts or environmental groups trying to educate consumers on the cost impact of going electric,” said David Wurster, Vincentric president. “Our EV API and our other Cost of Ownership APIs offer a robust data delivery solution that seamlessly integrates with client websites or other web applications to provide simple, secure, and instantaneous access to Vincentric cost of ownership databases.”