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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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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.

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

AutoSuccess

These challenges might cause buyers to reconsider buying both new and used vehicles. However, the consumer has remained resilient since the pandemic, and there is plenty of pent-up demand for the sale of both new and used vehicles entering 2024. New and Used Vehicle Sales S&P Global Mobility expects U.S. million units.

Finance 52
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Is a Vehicle Test Drive Still Relevant Today?

AutoSuccess

is rather obvious on pre-owned vehicles, since no two pre-owned vehicles are exactly the same and they have wear and tear that new vehicles do not. The big questions are how much wear, and has that wear affected the drivability of the vehicle? Bottom line: Driving the vehicle has a big effect on the customer.

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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

Resale value is one of the most important criteria when choosing a vehicle. Following Tesla's aggressive price cuts in 2023, EV owners have seen one-third of their vehicle's value wiped out. This means the resale value is much less than anticipated, making financing a new car purchase more difficult.

Finance 52