A new University of Michigan study compares the cost of ownership for EVs and internal-combustion vehicles across 14 U.S. cities, finding that the path to cost parity between the two varies by region. The study found that the total cost of ownership for a 300-mile midsize electric SUV varies by $52,000 across all the cities studied. EVs were most...
Author: Stephen Edelstein
Tesla has lowered range estimates for some of its electric cars. First spotted by Electrek, the automaker's website now lists a 310-mile range for the Model Y Long Range, compared to 330 miles before. Tesla now lists a 285-mile range for the Model Y Performance; it had previously quoted a 303-mile range for this model. Tesla hadn't yet provided a...
Fisker on Thursday said it would add franchised dealerships alongside company-owned showrooms, pivoting away from the pure direct-sales model previously discussed. "We are evolving our business model and intend to add as many as 50 dealer partners in the U.S. and Canada and a similar number of dealer locations in Europe this year," CEO Henrik...
Prices of certain versions of the 2024 Ford F-150 Lightning electric pickup truck are going up, while others go down, Ford revealed Tuesday, in a recalibration of costs for the electric truck as the automaker prepares to cut production. The base Pro grade, aimed primarily at fleet buyers, will now start at $57,090 including the $2,095 destination...
General Motors ended 2023 with disappointing EV delivery figures. The automaker reported Wednesday that it delivered 75,883 EVs in 2023, but 62,045 of those were Bolt EV and Bolt EUV models that GM discontinued at the end of the year. That leaves just 13,341 of the Ultium EVs that are supposed to set the tone for the future of the automaker's...
The cost of gasoline and the carbon footprint of EVs could both fall in the new year. The U.S. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Solar alone is expected to increase 39% from 2023 thanks to continual increases in generating capacity...
Mercedes-Benz is making a number of changes to its EQE and EQS electric SUV and respective sedan/hatchback models for the 2024 model year, including updates to improve range and a new braking system that could address a common complaint about earlier models. In the EQS and EQE, Mercedes tuned its regenerative braking for efficiency, opting for...
Increased production of hybrids and EVs has helped offset the shift toward larger vehicles in the new-car market, according to a comprehensive annual update from the EPA. The 2023 EPA Automotive Trends Report, released last week, showed that automakers significantly ramped up hybrid and EV sales from model years 2017 to 2022. During that time...
Chinese automaker Nio recently unveiled its new flagship EV—a large sedan called the ET9. Measuring 209.6 inches long (with a 127.9-inch wheelbase), 79.3 inches long, and 63.7 inches tall, the ET9 is just over a foot longer than a Lucid Air. It's taller as well, but the Lucid is wider. And both cars emphasize fast charging. Nio opts for 925...
China is leading the U.S. and Europe on EV battery recycling, according to a new Bloomberg report, and it may add to China's EV advantages in the future. The battery-recycling business in China is booming, according to the report, which cites data from consultancy Circular Energy Storage showing that "the nation dominates when it comes to...