article thumbnail

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.

article thumbnail

Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

article thumbnail

ExxonMobil and Porsche testing biofuels and lower-carbon eFuel in race conditions

Green Car Congress

ExxonMobil and Porsche are testing advanced biofuels and renewable, lower-carbon eFuels as part of a new agreement to find pathways toward potential future consumer adoption. The fuel will be tested in race conditions with Porsche’s high-performance motorsports engines during the 2021 and 2022 Porsche Mobil 1 Supercup race series.

Porsche 186
article thumbnail

Rivian taps ex-Porsche and Apple vet to lead R2, R3 EV platform development

Baua Electric

Rivian (RIVN) is adding an industry vet to its team with the launch of its next-gen electric models coming up. With experience at Apple and Porsche , Jonas Reinke joins Rivian to help launch its new EV platforms, including R2 and R3. Before that, he spent over a decade with Porsche, holding several product and digital innovation roles.

Porsche 52
article thumbnail

Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

According to this report, the average used Tesla Model 3 and Model Y has only depreciated roughly 10% over the past three years, which is significantly less than counterparts from Mercedes, Lexus, and even Porsche. The post Used Tesla vehicles crush industry average depreciation despite price cuts appeared first on TESLARATI.

Price 109
article thumbnail

Blazer EV pause, Mercedes EV updates, affordable EVs, clean hydrogen rules: The Week in Reverse

Baua Electric

We rounded up all the affordable EVs that are arriving in 2024 and 2025 , and if automakers hold to their word—or at least their hints—it’s going to get better for those who don’t have a luxury budget. 2022 Audi E-Tron GT Audi and Porsche are playing it safe with a better mobile charging cable for EV and PHEV models.

article thumbnail

Argonne white paper outlines battery and R&D requirements for electric aviation

Green Car Congress

In the long term, the energy density needs for electric aviation far outstrip the goals of current DOE and industry investments, requiring strategic thinking around the best approaches to enable this future. This includes Uber Elevate that aims to provide affordable shared flights by 2023 with electrification as its core principle.

Battery 459