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In the rapidly evolving landscape of the automotive industry, electric vehicles (EVs) are marking significant milestones, with a projected 14 million units set to be sold globally in 2023—a remarkable Full Article »
The resale value of electric vehicles (EVs) is experiencing a notable decline, according to Black Book’s historical retention data and future predictions. The chief data scientist at Black Book, Alex Full Article »
The electric vehicle (EV) market in the United States is poised to achieve a historic milestone this year, with projections indicating that EV sales will reach a record 9% of Full Article »
Hyundai and Kia are experiencing robust demand for electric vehicles (EVs) in the United States, according to senior executives who spoke to Reuters ahead of the Los Angeles Auto Show. Full Article »
The electric vehicle (EV) market in Europe, which experienced significant growth for years, seems to be encountering a slowdown as consumers anticipate the arrival of more affordable models in the Full Article »
The U.S. auto industry is experiencing a slowdown in retail demand for new vehicles, primarily attributed to high interest rates and elevated prices. Despite some rebounding in inventories and incentives, Full Article »
Ford is facing challenges in the electric vehicle (EV) market, as recent reports indicate that they are losing approximately $36,000 on each EV they sell. Following a challenging third quarter, Full Article »
In a recent statement, economist Steve Moore, affiliated with the Trump administration, expressed skepticism about the future of electric vehicles (EVs) in the automotive market. Moore drew parallels to a Full Article »
BMW has reported a remarkable surge in the sales of its electric vehicles (EVs) during the third quarter of 2023. According to the company’s statement released on Tuesday, the sales Full Article »
Toyota is set to accelerate its production of electric vehicles (EVs) under both its flagship Toyota and upscale Lexus brands, as reported by the Nikkei newspaper. This move reflects Toyota’s Full Article »
The seemingly excessive number of electric vehicles (EVs) on dealership lots isn’t indicative of dwindling demand; instead, it’s a result of the EV market’s rapid growth causing temporary imbalances, as Full Article »
Toyota, the world’s largest automaker, has reported an impressive performance in the first quarter, nearly doubling its operating profit. This growth was attributed to increased sales and productivity, as well Full Article »
Ford’s electric vehicle (EV) ambitions are surpassing the current demand, as indicated by the company’s sales numbers, EV supply, and dealer sentiment. Ford seems to be facing a challenge of Full Article »
Carvana, a pioneer in the online used car marketplace, has recently released its list of the top ten best-selling electric vehicles (EVs) for the first half of 2023. The rankings Full Article »
According to analysts and industry data, the electric vehicle (EV) market in the United States is experiencing growth, but at a slower pace than expected. This has resulted in a Full Article »
