article thumbnail

Why some won’t buy an EV

Auto Service World

High initial costs, range anxiety and lack of charging options are keeping many away from considering buy an electric vehicle, a recent survey found. A recent survey from Refused Car Finance found that 66 per cent of respondents in the … The post Why some won’t buy an EV appeared first on Auto Service World.

Finance 198
article thumbnail

Automakers Lose $6,000 On Every Electric Car They Sell

Jalopnik

Automakers across America have plowed millions of dollars into their electric vehicle strategies in recent years. Whether it’s new product development, engineering to create lighter, more powerful motors or investment in new factories, they’ve all spent a small fortune. Now, it turns out that cost may not be paying… Read more.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How End-of-Year-Sales May Impact Auto Finance Digital Transformation Strategies

AutoSuccess

In addition, the government’s decision to reenact student loan payments might put additional pressure on new car sales, particularly among younger demographics. The latest auto finance digital transformation index data illustrates where the industry stands in this operational journey. Cox Automotive also estimates 35.7

Finance 52
article thumbnail

The Toyota FT-Se Is Toyota's Electric Sports Car Future

Jalopnik

Toyota teased a new addition to its GR sports lineup last week, a sleek electric coupe that uses buttplug technology for high-density energy storage. Now, we’ve finally seen the car in full, but it comes with a strange caveat: Despite the near-production looks, it may take some time for this new FT-Se to actually hit… Read more.

article thumbnail

The Best Used Electric Cars Under $25,000

Jalopnik

But the used market for electric vehicles is cooling off quickly , which means even a… Read more. A lot of buyers are still not jumping on the EV bandwagon for two key reasons: First, our charging infrastructure still kind of stinks , though there are slow steps toward improvement. Second , EVs for the most part, are expensive.

article thumbnail

Dodge Wants Electric Muscle Cars To Rumble Like A V8 Monster

Jalopnik

Automakers have gone to great lengths to make their electric vehicles feel a bit less alien. There are some that have created synthetic engine notes to pipe out their non-existent exhausts, while others have even simulated manual gearboxes to replicate the shudder of a sharp gear change. Now, Stellantis is looking… Read more.

article thumbnail

Volvo To Stop Funding Polestar, Geely Might Take Over

autoevolution

Volvo will stop financing the Polestar electric sports car business. The Swedish carmaker is going to pull the plug on financing the all-electric brand Polestar. The two companies will continue to collaborate on research and development, manufacturing, and sales. continue reading. )

Finance 52