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

Women Owners of Electric Vehicles: Tapping into a Growing Market

AutoInc.

As electric vehicles (EVs) continue to gain popularity, it is crucial for automotive retail businesses to understand and cater to diverse consumer segments. The motivations women may choose electric vehicles are varied but often revolve around environmental consciousness, cost savings, and technology adoption.

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

The latest auto finance digital transformation index data illustrates where the industry stands in this operational journey. million used vehicles will be sold in the U.S. Electric Vehicle Sales More shoppers are choosing electric vehicles so far this year than ever, according to vehicle sales data from Cox Automotive.

Finance 52
article thumbnail

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.

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.

article thumbnail

Fossil Fuel-Funded Think Tank Claims Electricity Costs $17 Per Gallon

Jalopnik

The Texas Public Policy Foundation, a conservative organization funded at least in part by Chevron and ExxonMobil, recently published a paper condemning the production and purchase of electric vehicles on the basis that they’re socialist nightmare garbage or whatever. The paper asserts that the true cost of electric… Read more.

article thumbnail

Rivian Unveils Trio of New Electric Vehicles

Jalopnik

The new R2 SUV is coming in 2026 followed by the R3 and R3X at a later date.