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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.

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Scania Launches New Battery-Electric Bus Platform

Tomorrow's Technician

The new Scania battery-electric bus platform , one part of the company’s complete e-mobility solutions covering vehicles, services, and systems makes its debut at Busworld on Oct. Scania adds its committed electrification journey started with field tests of hybrid electric buses as early as 2007.

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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. Electric Vehicle Sales More shoppers are choosing electric vehicles so far this year than ever, according to vehicle sales data from Cox Automotive. Cox Automotive also estimates 35.7 million in 2022.

Finance 52
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The BMW CE02 Motorcycle Uses A 3-Series Alternator As Its Electric Motor

Jalopnik

BMW calls the 15-horsepower 48 volt electric motor in the new CE 02 electric scooter an “ externally excited air-cooled synchronous motor.” That’s a really fancy way of saying that the Motorrad division of the company raided the automobile side of the company’s parts bin for a current 3-series alternator and repurposed… Read more.

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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
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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 Cybertruck Is a Hot Commodity, This Is How Much Tesla Gives You at Trade-In

autoevolution

This means the resale value is much less than anticipated, making financing a new car purchase more difficult. However, the Tesla Cybertruck seems to be the outlier, with Tesla offering a fair amount when trading in the electric pickup. continue reading. )

Finance 52