Electric Car News Electric Car Demand Slumps To Four Year Low
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New car down payments hit 4-year low as buyers struggle with affordability challenges
Down payments for new vehicles dropped to a nearly four-year low, but car shoppers still struggle with affordability as high monthly payments persist, Edmunds reported. Read More
Porsche delays launch of new electric car due to low demand as VW faces £4.4billion hit
One of the world's most premium car brands has delayed the launch of its highly anticipated electric vehicle amid concerns around the uptake of zero emission cars. Porsche has announced that its new ... Read More
Ford to axe 1,000 jobs at electric car factory as demand for EVs remains 'well below forecasts'
One of the largest automakers in the world has announced it will be cutting 1,000 jobs from its workforce as a result of waning electric vehicle sales. Ford said it would be slashing up to 1,000 jobs ... Read More
2 Problems Rivian, Lucid, and Tesla Will Face After the EV Tax Credit Expiration
Electric car stocks face a more difficult 2026. Earlier this year, electric car stocks across the board saw sharp declines after the U.S. government revealed that several critical EV subsidies would ... Read More
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