article thumbnail

Dealers Finally Have EV Inventory But Now Lack Buyers

The Truth About Cars

We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.

Dealers 98
article thumbnail

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. 2012 Chinese Auto Industry Development Report.

article thumbnail

Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive IRA EV tax credits winning over more auto dealers in 2024 What are your thoughts?

Price 129
article thumbnail

T&E concludes that diesel cars emit more CO2 on a full lifecycle basis than gasoline cars

Green Car Congress

In Europe, the car market is skewed in favor of diesels through regulation and tax policies. T&E attributed Europe’s diesel share to three main causes: Distorted national fuel and vehicle taxes. Diesel fuel is taxed between 10% and 40% less than gasoline in most countries. —T&E study. Accounting for production emissions.

Gasoline 220
article thumbnail

Tesla bull calls battery cost declines “good deflation” that could boost EV sales

Teslarati

Battery cost declines could decrease EV production costs and improve range, which may boost electric vehicle sales in the long run. An increase in electric vehicle sales could lead to growth in the EV market. The MMR did not differentiate between used gas-powered vehicles or second-hand cars.

Sale 145
article thumbnail

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

Norway leads electric vehicle (EV) adoption, boasting the highest share of new EV purchases worldwide. Curbing CO2 Emissions with Electric Transport. Norway has long been a major producer of oil and gas, and remains the biggest oil producer in Western Europe, as well as, the third-largest exporter of natural gas in the world.

Global 83
article thumbnail

Personal: One in a Million

Clean Fleet Report

And I’m one those million since they’re counting plug-in hybrids (PHEVs) as well as full battery electrics. I think that’s fair since on a good day my 3 ½-year-old Chevrolet Volt has a 61-mile all-electric range, roughly comparable to a used Nissan Leaf or Fiat 500e. On top of that, I’m currently running at 80+% electric miles.