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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.

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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.

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The EV Price Premium Is Evaporating

Jalopnik

There are currently 57 electric vehicle models on sale in the U.S., and while Tesla is still the most popular, new players in the electric car market are driving competition and prices keep dropping. EV sales are still growing, though that rate of growth has slowed dramatically over the last year or so. The… Read more.

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Ford Delays New Electric Vehicles As Sales Falter, Joins Pivot To Hybrids Instead

Jalopnik

Good morning! It’s Friday, April 5, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.

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Ford Hopes Small Electric Cars Might Make Americans Buy EVs

Jalopnik

Good morning! It’s Wednesday, March 20, 2024, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more.

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Automakers Are Pumping The Brakes On The EV Transition

Jalopnik

The transition to electric vehicles is supposed to be a matter of when not if. Manufacturers have had supply issues building electric vehicles as well as trouble actually selling the ones they have… Read more.

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EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

Jalopnik

Electric vehicles are seeing huge discounts right now , but those new lower prices are still not enough to get folks to, y’know, buy them. Now, an ever-more-bloated EV inventory is pushing automakers and dealers to slash prices even further. Five-figure price discounts are no longer out of the question. Read more.