A new study shows that the average EV being traded in has a negative equity of more than $10,000—that's nearly 72% higher than gas-powered cars.
At least three manufacturers —Tesla, Hyundai-Kia andGeneral Motors— now offer EVs with more than 300 miles (480 kilometres) of range for less than the cost of the average new vehicle sold in the U.S., according to an analysis by Bloomberg Green. The most affordable is Hyundai...
At a certain point, I think some of the new GM cars actually started to become more faulty and need more repairs, that are also more difficult. I think this was around 2014. A bigger issue with new cars though, is that newest 2020 cars, espe...
Tesla, the EV sales leader, which now has years of experience building vehicles, showed improvement in reliability, Fisher said. This was largely because a high proportion of Tesla's sales involve the relatively small and less-expensive Model Y SUV...
as the Nissan Leaf, VW ID3 and the MG ZS EV are more cost effective than internal combustion engine (ICE) equivalents, due to lower annual running costs, according to the ‘Electric Car Cost Index’ from LV= General Insurance (LV= GI),one of the UK’s largest insurers ofelectr...
It’s an important development that helps change the mentality of some people who think that EVs are massively overpriced – although there are still a lot of models on the market that cost well above $50,000, even inTesla’s portfolio. ...
Maximum load trailer weight:Think of the maximum load trailer weight as the GCWR combined with the weight of a fully loaded trailer.10 Conclusion Vehicle weight is one factor you should consider whenbuying a new car, as it affects safety ratings and, therefore, the cost of car insurance. Lea...
The cost of repairs and maintenance1 is calculated at 10% oftheaveragecapital cost for a certainmileageofselected motor vehicle models. legco.gov.hk legco.gov.hk 至於維修保養方面的開支1,則 按照若干指定的車輛型號某個行車哩數,以平均資本費用的10% 計算。
The cost of a new vehicle has only gone down a little over 1 percent, but after months on end of relentless price increases, we'll take it.
One of the most disturbing trends in the automotive sector is how EV prices have begun moving in the wrong direction. With rising gas prices, many people wanted to switch to EVs, but cost remains the biggest barrier to mainstream adoption. Despite promises by leading automakers that EV prices ...