NewsRoom Articles - Page 47 of 119

FridayFeb 10, 2023 11:25 am

When Will Cost Parity Between EVs, ICE Vehicles Materialize

Price parity among electric, gasoline and diesel-powered vehicles has for a long time been predicted to be the turning point in sales for electric vehicles. Considering how inexpensive electric cars are to operate, choosing a gasoline or diesel vehicle will make no financial sense for the vast majority of consumers if both options cost the same. The cost of batteries and car production costs are the two key factors influencing the price gap between EVs and ICEs. A decline in battery prices and automakers transitioning to vehicle chassis made exclusively for electric vehicles are likely to contribute to the expected…

ThursdayFeb 09, 2023 12:50 pm

Basic Math Shows EVs Are More Affordable to Drive for 100 Miles

In a recent article, Jalopnik claimed that driving 100 miles in an EV is now more expensive than in an ICE. If this is accurate, then it would be a fascinating update. Is it truly cheaper to drive 100 miles in an electric vehicle than in a gas vehicle? It is, indeed. InsideEVs did the math to support it. The following variables can serve as a starting point for setting levels in Boston, a city in the United States with higher energy costs than the rest of the country. An electric vehicle's 3 kWh (or 33.3 kWh for a 100-mile…

WednesdayFeb 08, 2023 12:30 pm

EVs Reenergize Efforts to Recycle Batteries

Battery recycling appears to be an easy thing. Nonetheless, while precise figures are difficult to locate, it is believed that only 2% to 11% of li-ion batteries that fail in Canada, the United States, and several European nations make it to a recycling center to be recycled. Rather, they languish in cupboards or cabinets unopened or, worse yet, wind up in garbage dumps. Since the batteries in electric vehicles are large, hazardous and expensive to just toss away, that situation might soon change. A new recycling sector has emerged as a result of the worldwide electric vehicle revolution, and it…

TuesdayFeb 07, 2023 12:35 pm

Study Links EV Adoption to Reduced Pollution, Health Improvements

EVs are frequently touted as being a crucial tool for reducing emissions as well as combating climate change; however, research on the combined advantages of cleaner air and better health has proven to be more speculative. Research on the actual effects of the adoption of electric vehicles has commenced at the USC Keck School of Medicine. The first research used actual data to examine the connection between electric cars, air contamination and health. The researchers did an observational study of California as a state where citizens quickly switched to electric vehicles. “The Science of the Total Environment” journal just released…

MondayFeb 06, 2023 11:02 am

Norway Proves Cold Weather Isn’t Deterrent to Electric Vehicles

Norway is known for its frequent below-freezing weather, rocky terrain and lengthy outstretched lonely roads; the country might not appear to be the best spot to operate an electric vehicle, which has a battery that drains quickly during cold weather. However, the country has been a global leader in electric vehicles. The amount of range electric cars lose varies depending on the vehicle model and the strength of the cold temperatures. Whenever an EV is left parked outdoors in cold (below 15°C) weather, the battery usage is substantially higher and requires a long time before it resumes regular consumption. Long…

FridayFeb 03, 2023 10:59 am

Price War Intensifies as Ford Also Slashes EV Prices

Earlier this week Ford Motor Company announced that it was lowering costs for its Mustang Mach-E as well as boosting the sport utility vehicle's production. This came weeks after Tesla lowered prices for its cars by a whopping 20% in reaction to declining demand globally. Ford further indicated that orders that had already been placed by the customers and were awaiting delivery would be subjected to the revised costs. Ford's financing department will offer low interest charges of as little as 5.34% on Mach E orders made on Jan. 30, 2023, through April 3, 2023. The price reductions for the…

ThursdayFeb 02, 2023 12:28 pm

Toyota Risks Irrelevance If Major EV Pivot Isn’t Quickly Implemented

A week ago, the biggest manufacturer in the world — Toyota — finally acknowledged that electric vehicles are the way of the future when it issued two significant statements. However, it might be a little bit late for a company that revolutionized manufacturing 50 years ago. The first revelation was about Toyota creating a committed electric vehicle platform following its terrible, ill-fated BZ4X venture. The next was about Akio Toyoda, the current CEO of Toyota, stepping down in April, paving the way for a new leadership team that will propel Toyota into a new chapter of what the ideal transportation system…

WednesdayFeb 01, 2023 12:57 pm

Carmakers Grapple with Including Dealerships in Selling EVs

Auto manufacturers are experimenting with various strategies to enlist dealers in their conversion to electric vehicles as they pursue the kind of profits Tesla is making on electric vehicles. Several companies, including Honda, are shifting to more automobile sales online. The relationship between automakers and franchised dealers is supported by rules in most countries that make it hard for automakers to sell their new vehicles to customers directly without going through franchised dealers. Tesla and other recent autocar companies have found ways to avoid these restrictions and save money. Car producers are reconsidering the sales procedures, which include selling new…

TuesdayJan 31, 2023 12:36 pm

6 Helpful Negotiation Tips When Buying an EV

If you've decided to buy an electric vehicle this year, you may not be able to negotiate a low price because of the high demand. The reality is that many buyers of electric vehicles won't be able to negotiate pricing. For instance, certain car producers, such as Tesla, never bargain over pricing. In other situations, dealers are unlikely to lower the MSRPs of their small selection of electric vehicles. However, haggling with dealers can be an important aspect of purchasing a car, especially an electric vehicle. Find out how to purchase your next electric vehicle at the lowest cost possible.…

MondayJan 30, 2023 11:11 am

The Benefits, Drawbacks of Buying an EV Now

If you're on the verge of purchasing an electric vehicle (EV), you may be debating whether to purchase a new car right away or wait. It makes sense that one would be hesitant, because you may be concerned about a number of things, including the weakening economy, skyrocketing rates of interest, new and ambiguous legislation regarding EV tax incentives, and the expensive cost of cars in general. Let's look at some of the benefits and drawbacks of purchasing an electric car right away versus waiting a bit longer. Benefits Rates of interest: Any significant decrease in interest rates won't likely…

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