MondayMar 06, 2023 1:45 pm

New Study Faults Companies for High EV Leasing Costs

Battery electric vehicle leases are overly priced, according to a recent T&E study of the used vehicle market. The European leasing deals for battery electric vehicles typically cost 57% more than deals for similar petrol versions. For instance, the monthly lease for a gas-powered Peugeot 208 is 371 euros ($393), while the monthly lease for an electric one is about 574 euros ($609). The research reveals that the resale price of BEVs is comparable to that of diesel and gasoline vehicles. High lease fees signify a greater expectation that battery electric vehicles will lose value over the course of the…

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FridayMar 03, 2023 11:11 am

Nissan Looks to Amp Up Its EV Game

In an effort to catch up in an industry dominated by automakers such as Tesla, Nissan has increased its sales targets for electrified vehicles and unveiled a number of forthcoming all-electric and e-Power hybrid vehicles that are already in development, as well as plans to enhance American powertrain manufacturing. The Japanese automaker, which pioneered the EV market with its Leaf all-battery model, had struggled as have many other legacy automakers as a result of growing rivalry from more agile newcomers. But now, Nissan has promised that it would introduce 27 brand new electric vehicles (EVs), 19 of those being fully…

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ThursdayMar 02, 2023 1:14 pm

Dodge to Equip Its EVs with V8 Engine Rumble

Dodge has unveiled an updated exhaust sound for its Fratzonic electric vehicle exhaust system on its future Charger Daytona SRT concept vehicle. There may be additional exhaust tweaks before it begins rolling off the production line in 2024. The concept car was displayed last week at the Chicago Motor Show, and the new sound includes a lower frequency and a louder roar, just as loud as the V8-engine Challenger or Hellcat. The Fratzonic system emits sound across a rearward vent while acting as an outside speaker, which is also linked to the speed and controlling position of the vehicle. Dodge…

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WednesdayMar 01, 2023 11:20 am

Lithium-Air Batteries Could Revolutionize EV Range

America's department of energy and Illinois Tech have developed a lithium-air battery that has a much higher energy density than its lithium-ion equivalents, a development that might significantly increase the EVs' driving range. The new lithium-air battery has the potential to increase electric vehicles' range while easing users' concerns about range. Future vehicle, aircraft and truck power may come from the new batteries. According to Larry Curtiss, for more than 10 years now, Argonne scientists, together with others around the world, have been working to come up with a lithium battery — one that uses oxygen from the air. He…

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