Mercedes-Benz Cars reports 463,000 global car sales during the first quarter of 2024, 8% less than a year ago. A similar decline concerns all-electric car sales. In Q1, all-electric car sales of Mercedes-Benz and Smart (an electric-only brand) amounted to roughly 47,500 (down 8% year-over-year). It's about 10% of the company's total passenger car sales.…

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for. …

Lotus has just announced it is opening the US order books for its fully electric super SUV, the Eletre. Think of it as an electric alternative to the Lamborghini Urus, complete with a similarly daring design, a flamboyant and high-class interior, and a sub-3-second sprint time to 62 mph (100 km/h) in its most powerful…

Lucid adds a heat pump and subtracts charging time for its range-leading Air electric sedan. Mercedes-Benz might not see what Ram sees in a plug-in range-extended vehicle. And why is each EV still losing thousands to full-line automakers? This and more, here at Green Car Reports.  The 2024 Lucid Air Grand Touring is now being…

You know you're doing well in the EV game when even the New York Times starts to notice. Though it's a smaller company than direct competitors like the Mercedes-Benz Group and the Volkswagen Group, BMW's new crop of electrics got rave reviews and now makes up an enviable portion of overall sales. But how did that…

Sales of expensive full-size pickup trucks from the Detroit Three automakers fell in the first quarter of 2024 which, as a Bloomberg report explains, could negatively impact those automakers' EV plans. Ford, General Motors, and Stellantis have been cashing in on high-end versions of full-size pickups, piling on features like bigger touchscreens and massaging leather…

Ford has resumed shipping the 2024 F-150 Lightning electric truck to dealers following a hiatus of over two months, which began in February 2024 due to a quality issue. The Dearborn automaker issued a stop-ship order on the 2024 F-150 Lightning on February 9 after an undisclosed quality problem. There was no indication of…

EVs could end up using a lot of electricity, but efficiency improvements to support them could significantly reduce the need for new grid infrastructure, cut energy usage, and potentially save consumers billions of dollars, according to a new study from non-profit utility organization EPRI and the Natural Resources Defense Council (NRDC). By 2050, charging of…

The average transaction price (ATP) of new electric vehicles sold in the United States went up slightly in March compared to February, according to Kelley Blue Book. Last month, Americans paid on average $54,021 for a new EV, up from February’s $53,707 ATP. Year-over-year, new EV prices were still 9.7% lower in March, while…

American EV ownership is growing, but fewer car shoppers who don't already own an EV are considering one, according to a new Gallup poll. Of those households surveyed, 7% reported owning an EV, up from 4% a year ago, while a steady 16% of Americans over the past few years indicated that they are "EV…