Many EVs have a lower five-year cost of ownership than comparable gasoline models, according an annual roundup from Vincentric, a source for ownership cost calculations for websites and automakers.
Vincentric's analysis covers eight factors: depreciation, fees and taxes, financing, fuel cost, insurance, maintenance, opportunity cost and repairs. It assumes new vehicles are driven 15,000 annually…
Driving a 1,000-horsepower car is not fun. It is a kick in the stomach. A controlled explosion, the throttle held down for only a few seconds at a time. Any more than that and it leads to jail, or the grave. (And that's when you aren't stuck in traffic and can actually properly open it…
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance.
BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours.
China's declared 2023 battery…
Hydrogen fuel cell car sales in the United States—and by that, we mean in California, where the series-produced models are available—continued to decrease at a significant rate in recent months. According to the Hydrogen Fuel Cell Partnership's data, 223 new hydrogen fuel cell cars (aka FCV or FCEV) were sold in the U.S. in…
Rivian announced Monday that its vehicles will plan routes around charger reliability in a new way—by grading each real-world charge site.
The change is part of Rivian’s Software Update 2024.11.01, which rolls out to its vehicles, including the R1T electric pickup and R1S electric SUV, starting Monday. With it, route planning will favor those chargers…
The Chinese media says Jaguar Land Rover (JLR) is close to signing a deal with Chery (China’s third-largest automaker) to gain access to its EV platforms. The two companies are already working together to build cars in China, so the news isn’t surprising. This new EV platform-sharing scheme was also confirmed by a company…
The Maserati GranTurismo Folgore is getting a convertible sibling that will create a new EV market niche in the U.S.
Unveiled Monday, the Maserati GranCabrio Folgore is scheduled to arrive in the U.S. in the fourth quarter, as a 2025 model, with a price tag of more than $200,000 that will likely make it the…
Once again, Honda strives to prove the world wrong by stating it’s investing deeply in EVs and understands the market more than it has in the past. For this year’s Beijing Auto Show (Auto China 2024), it has unveiled a series of new models that form an all-EV sub-brand. When translated, this new model line…
GMC confirmed on Tuesday that the limited-edition launch version of its 2024 Sierra EV pickup will arrive in summer 2024—with about 10% more EPA range than originally suggested.
The full-size electric truck, touted to be the “Denali of EVs,” bears GMC’s top-luxury Denali badge and will offer a CrabWalk mode, unlike the top-trim 2024 Chevrolet…
Fisker, the maker of the all-electric Ocean crossover, added another dealership partner in the United States, bringing the country’s total number of dealers to six. The latest franchised dealership opened in Miami, Florida, making it the company’s second such presence in the Sunshine State. Currently, Fisker has dealerships in Georgia, Indiana, New York, Florida,…