Electric Car News Expected Demand For New Electric Cars Downgraded As Buyers Hesitate

Used Electric Car Prices Fall in Line with Petrol Models as Demand Surges

Used electric vehicles are now selling for almost the same price as petrol cars, a shift analysts believe will fuel a major increase in adoption despite the end of federal incentives. Data from Cox ... Read More

EV Sales Surge Worldwide, But U.S. Demand Crashes After Tax Credit Ends

Global sales of electric and plug-in hybrid vehicles surged 23% in October reaching roughly 1.9 million units worldwide, according to data from market research firm Rho Motion, via Reuters. The ... Read More

The Luxury Electric Vehicle Is in Trouble

Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles. Read More

Electric vehicle shoppers race to claim $7,500 tax credit before September 30

A federal tax credit for electric vehicles of up to $7,500 is set to expire on Sept. 30. Car shopping experts report a surge in consumer demand for EVs as the deadline approaches. Some analysts ... Read More

GM bets big on electric cars even as market slows

Electric vehicle sales in the U.S. trail other major car markets where General Motors does business, which was not expected to be the case when GM first planned its broad EV portfolio. Though the ... Read More

L.A. buyers scramble to snap up EVs as tax breaks end

This is read by an automated voice. Please report any issues or inconsistencies here. Los Angeles area electric vehicle sales surge as shoppers rush to claim $7,500 federal tax credits before they ... Read More

Tesla shocks Wall Street with nearly 500K deliveries as buyers rushed to lock in tax credit

Tesla’s third-quarter deliveries trounced Wall Street estimates on Thursday, powered by an unusual sales boost from US EV buyers rushing to lock in popular tax credits before their expiration at the ... Read More

Demand For Electric Pickup Trucks Soar In Q3, Except If You're Tesla

Tesla Inc (NASDAQ:TSLA) reported strong third-quarter deliveries that beat analyst estimates, but a new report shows one of its electric vehicles has seen demand fall significantly. • TSLA shares are ... Read More

G.M. Will Cut 1,750 Jobs in Electric Vehicle Business

The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. By Neal E. Boudette General Motors plans to lay off 1,750 workers ... Read More

BMW Says Demand Building for New Class of Cars as China Issues Linger

The carmaker said it was on track to meet its full-year targets, with strong demand for the new iX3 model expected to drive growth next year ... Read More