EU is expected to unveil tariff plans for Chinese EVs this week
TOPSHOT – People look at a BYD Seagull car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in Nonthaburi on March 27, 2024. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via…
EU is expected to unveil tariff plans for Chinese EVs this week
TOPSHOT – People look at a BYD Seagull car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in Nonthaburi on March 27, 2024. (Photo by Lillian SUWANRUMPHA / AFP) (Photo by LILLIAN SUWANRUMPHA/AFP via…
You can now buy a used Tesla for just $21,000 thanks to Hertz’s fire sale
Hertz’s failed bet on EVs is turning out to be a great thing for the savvy used-car buyer. Thanks to an ill-fated plan that included buying a fleet of 100,000 Teslas right after emerging from bankruptcy, car buyers can now…
Tesla shareholders’ vote on Elon Musk’s record $56 billion pay deal could be his ‘last stand’ as CEO, experts warn
Elon Musk may be mounting his last stand as CEO of Tesla when the company convenes its annual shareholder meeting on Thursday, with his Texas headquarters becoming his very own personal Alamo. The entrepreneur has staked his credibility and that…
GM has a secret to help sell its new EVs. It’s Costco.
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images “We have a great partnership with Costco, and I’m really bullish on Costco because I like their brand,” GM North…
GM has a secret to help sell its new EVs. It’s Costco.
Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images DETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles:…
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng BEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William…
EV maintenance costs remain high, frustrating buyers and automakers as sales continue to lag behind expectations
A new report from auto insurance analytics company Mitchell shows that repairable EV insurance claims have increased by 40% since this time last year, following the trend of growth in the number of electric cars on the road—but average repair…
EV sales slump, Hertz dump take used Teslas to ‘no haggle’ $25,000 price
Hertz electric vehicle test drive at the company’s Los Angeles International Airport location on July 19, 2023 in Los Angeles, California. Rodin Eckenroth | Getty Images Entertainment | Getty Images The race to the $25,000 EV in the U.S. car…
Politics playing a role in electric vehicle adoption: Michigan Governor Gretchen Whitmer
U.S. Gov. Gretchen Whitmer (D-MI) delivers remarks at the SelectUSA Investment Summit on May 04, 2023 in National Harbor, Maryland. Kevin Dietsch | Getty Images The future of the electric vehicle is a critical issue for the U.S. auto industry…