These past few months have been a rollercoaster ride for electric vehicle prices. Tesla increased the MSRP of the Model Y and then decreased the leasing fee for the Model 3. BMW also slashed the leasing cost for the i4 making it the cheapest car to lease in its portfolio, while Lucid made headlines with…
EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. market, according to the International Energy Agency (IEA).
Tight profit margins, volatile battery raw material prices, and the phaseout of incentives in certain countries have led to concerns about an EV sales slump,…
The 2025 Polestar 4, the electric brand's coupe-like SUV, can now be ordered in the United States with deliveries set to begin in the fourth quarter. The battery-powered crossover that doesn’t have a rear window first went on sale in China at the end of last uear and in Europe and Australia in January. The…
The weakening of Tesla EV deliveries during the first quarter of 2024 undermined the company's global market share. According to the industry data (trailing by twelve months), highlighted by Tesla in its Q1 financial report, the brand's market share in the United States/Canada (counted together) slightly decreased from a peak of 4% at the…
Fisker, the company behind the all-electric Ocean crossover, has roughly $50 million left in the bank, according to the latest 10-K form filed with the Securities and Exchange Commission earlier this week. The document, which was filed roughly four months late, is full of financial details that paint a dark picture of the California-based…
It’s no secret that geopolitical tensions between the U.S. and China are not great. Arguably, they’ve only gotten worse within the past few weeks, as a possible TikTok ban comes into focus and U.S. pressure on Mexico is attempting to make it harder for Chinese EVs to make it to the US without a big…
The Toyota bZ4X may have an unusual exterior design and some interior quirks, but it’s a good, practical vehicle that reinforces the Japanese manufacturer’s vast car-making experience. However, by equipping it with a relatively small battery that doesn’t provide competitive range numbers, Toyota has negated all of the vehicle’s good points and made it unattractive…
A Tesla may be your best choice if you want to save cash on maintenance and repairs over a vehicle's lifetime. A new study from the nonprofit outlet Consumer Reports found that Elon Musk's electric vehicles cost less to maintain over a 10-year period than cars from any other brand. Tesla owners typically spent…
Kia’s electric vehicles have proven highly successful globally, and the South Korean automaker wants to keep this strong sales momentum going by launching a slew of new and even more attractive models. After starting production of its flagship electric model, the EV9, the company is now focusing on the smaller end of the range with…
Ford reported falling electric vehicle revenue on Wednesday, but executives seemed optimistic in the earnings call. CEO Jim Farley affirmed that what the market wants is affordable EVs, and Ford is well-positioned to offer them in the next generation of products. They'll be profitable, he promised, and in the meantime Ford is adding capacity for…