Green Car Stock Archives - Page 51 of 124

TuesdayMar 07, 2023 1:27 pm

VinFast Reduces Lease Prices for First Clients in the US

VinFast, a Vietnamese manufacturer of electric vehicles, has reduced the leasing price by more than one-half for its first vehicles to be shipped to America, with shipments scheduled for this week, as reported by Reuters. VinFast, a Vingroup JSC (VIC.HM) subsidiary, indicated that in January the first VF8 fully electric crossovers would be made available for leasing at a rate of $599 per month for two years. However, most recently the company website indicated that the cost of leasing a vehicle for a two-year period would be $399 per month. According to Reuters, Vinfast informed customers who had made refundable…

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…

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…

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…

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…

TuesdayFeb 28, 2023 1:03 pm

JAC, Huawei Team Up to Make Smart EVs

Huawei Technologies Company is allegedly working on luxurious vehicles alongside Anhui JAC Ltd. This indicates that Huawei is becoming more engaged in the automotive supply network in order to increase its earnings. According to information posted on the CSCEC website, one of its companies was a member of an association that received a 1.5 billion yuan ($215.4 million) contract for engineering, procuring and constructing an industrial park for new energy vehicles in Hefei, Anhui Province. Yu Chengdong stated that there are no intentions for Huawei to manufacture electric vehicles. It is collaborating with Jianghuai Automobile Group Co. Ltd. to improve…

MondayFeb 27, 2023 1:37 pm

How China Gained Global Dominance in EV Industry

In the last two years, China's yearly sales for electric vehicles has increased from 1.3 million to a staggering 6.8 million, making 2022 the eighth year in a row that China has had the largest electric vehicle market in the world. In contrast, the United States managed only about 800,000 electric vehicle sales in the same year. China’s leadership in the electric vehicle market has helped the country’s automotive sector develop steadily throughout the pandemic and also aided China in its effort to take the lead on global climate policy. According to “MIT Technology Review,” various experts attribute China's accomplishments…

FridayFeb 24, 2023 11:10 am

2022 EV Sales Break Records in the EU

Despite 2022 being a difficult year for vehicle sales, EVs remained mostly unaffected and even set a record within the European Union, according to ACEA data released earlier this month. With a total of 1.3 million registered vehicles, APVs accounted for 53.1% of the European Union vehicle market in Q4 of 2022, overtaking fuel-powered vehicles for once. Alternative-propulsion vehicles are those that either don’t utilize conventional petroleum-based fuels such as diesel and gasoline or that employ a hybrid method that combines a fuel-powered engine with a renewable power source, such as a rechargeable battery. The battery electric vehicles (BEVs), which…

ThursdayFeb 23, 2023 2:39 pm

What Motorists Need to Know About EV Repair

Electric cars are surging in popularity as more models are being introduced into the market each year. Although electric cars have several advantages over fuel-powered cars, the two types of vehicles require distinct procedures when it comes to repair and maintenance. Electric cars use motors and rechargeable batteries to power the wheels, unlike conventional cars, which utilize combustion engines to do so. This implies that electric cars can only be handled by qualified auto dealers and not just any auto shop since specialized equipment as well as particular training are needed when it comes to repairing and maintaining them. However,…

WednesdayFeb 22, 2023 12:35 pm

Tesla Promises to Give Other EVs Access to 7,500 of Its Chargers by 2024

President Joseph Biden's administration hopes that by 2030, there will be at least 500,000 easily accessible EV chargers on America's highways; with that in mind, the administration has unveiled a series of measures to bring about this reality. These measures include agreements with companies that construct and manage charging infrastructure, including Tesla, General Motors, ChargePoint and Ford, among others. All these companies are likely to benefit from federal financing if the projects they have in mind for electric chargers match the revised federal requirements that were publicly revealed at the same time. In support of this, the President Biden hailed…

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