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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. The Aurora, Ontario-based company also recorded asset impairments and restructuring costs of USD 316 million related to troubled EV startup Fisker.

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‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. What can he afford? Hybrids could also work if brought in at a reasonable cost.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos. Additionally, major automakers are investing heavily in R&D to develop affordable and high-performing electric vehicle models specifically designed for the Indian market.

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Hatchbacks not giving up territorial rights so easily | Autocar Professional

Baua Electric

One cannot link disposable incomes and affordability to the fall in the hatchback segment’s contribution, he said. “It Shift towards used cars Many consumers are also turning to the used-cars market, favouring larger and entry-level pre-owned vehicles over new entry-level hatchbacks, according to market players such as Spinny and Cars24.

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Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs

Teslarati

The next-generation cells are a crucial component of Tesla’s long-term plan to make electric vehicles more affordable. In a statement to Insider , auto industry analyst Lauren Fix noted that Russia’s control of nickel could have adverse effects for electric vehicle makers. . Quotes courtesy of Insider.

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Nissan Leaf – Taking Reservations

Revenge of the Electric Car

Read more about it in the San Jose Mercury News Article: Reservations for the all-electric Nissan Leaf start Tuesday. By Dana Hull for the San Jose Mercury News. Americans who have been waiting for an affordable, all-electric car won’t have to wait much longer. By Dana Hull. dhull@mercurynews.com.

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