Meanwhile, in China there was a crackdown on vehicles with substandard range as well as poor safety records. This caused a halt in sales of many Chinese EVs and drove several automakers out of business. Vehicle sales of all kinds were on the rebound in 2021 and EV sales are currently more...
However, there’s evidence that Tesla’s lead in the market might be shrinking. Tesla had a 66.5% share of EV sales in 2022, meaning its share shrunk by over 15% in a single year. Here’s a breakdown of the number of electric vehicles sold by each automaker through the first three ...
Alternatively, Autoexpress and Whatcar suggest that the Tesla Model 3 is the best electric car on the market. Should I buy an electric car? While most people associate electric vehicles with environmental benefits, the cost benefits are impressive too. Running costs for electric cars can be ...
His first green-car media event was the launch of the Tesla Roadster, and since then he has been tracking the shift away from gasoline-powered vehicles and discovering the new technology's importance not just for the auto industry, but for the world as a whole. Throw in the recent shift ...
For vehicles with an extended warranty or some sort of service contract, it is essential to review the documentation to understand the coverage and how long the coverage lasts. Extended warranties often have specific terms and conditions that differ from the original manufacturer’s warranty; it is...
Tesla finally unveiled the refreshed Model Y in China, with orders already opened in all Asian Pacific markets. The Juniper update brings many exciting things to the table, so here's how the refreshed model compares to the old one. You can love or hate the new...
who have not. Direct-to-consumer models have been pioneered by pure play EV manufacturers and are now being adopted by some legacy brands. Other OEMs are pursuing an agency role for their dealers, whereby vehicles are owned by the OEM or its national sales company, and agents are paid ...
Robots are also improving the lives of construction workers and everyday people. For example, startups are hard at work developing autonomous construction vehicles. These machines will help workers do their jobs more safely and efficiently. Autonomous cars could even reduce stress and injury rates....
The Internal Revenue Service (IRS) doesn't phase out the credit for vehicles sold after Jan. 1, 2023, but does for vehicles sold before Jan. 1, 2023. The phase-out limit is certain manufacturers cannot sell more than 200,000 electric vehicles.10 For vehicles before 2022, you can find a...
A restricted stock unit (RSU) is an award of shares that comes with conditions, usually a vesting period before they are transferred.