News

The R1 SUV trails behind Tesla Model Y, Model S, Ford Mustang Mach-E, and Prologue. A total of 95,692 new electric vehicles were sold across the country last month. Sales of used EVs have also jumped ...
Hyundai announced plans to ramp up production at its Metaplant America (HMGMA) EV plant in Georgia. With a new $2.7 billion investment, the company is creating 3,000 more jobs in Georgia. By 2028, ...
Electric vehicles are continuing to get a surge of market share via leasing. According to Experian’s State of the Automotive Finance Market Report: Q4 2024, more than 50% of new EV purchases were ...
Electric vehicle prices continue to fall, dropping 2.2% in just the past month. That decrease is likely temporary, as dealers prepare for the federal government’s $7,500 EV tax incentive to disappear ...
Electric cars and SUVs in the U.S. currently struggle with very poor value retention and depreciation rates. This contributes to them being very poor new car prospects for short-term buyers, but great ...
Factors such as upfront costs and access to charging are among significant barriers to “mass adoption” of the technology, the ...
On September 3, the GST Council confirmed the retention of the concessional 5% GST rate on electric vehicles (EVs), ...