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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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Study: Tesla leads with lowest ownership cost, beats Toyota

Green Car Reports

Teslas are less expensive to maintain than other car brands, including some with strong reputations for reliability, according to Consumer Reports. As part of its 2023 Annual Auto Surveys, Consumer Reports asked owners how much they paid out of pocket for maintenance costs like oil changes over the previous 12 months.

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Auto supplier Adient cuts jobs, transfers roles in Europe to shave costs – ET Auto

Baua Electric

European automakers face a trifecta of challenges: soft demand due to higher borrowing costs that discourage car purchases, fierce competition from Chinese rivals, and higher input costs squeezing their margins.

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Li Auto CEO says battery swap model promising in cost reduction

CN EV Post

If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang. The post Li Auto CEO says battery swap model promising in cost reduction appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. Issues range from safety critical vehicle systems, to data center hacks on back-end servers, to identity theft in car sharing, and even privacy issues.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

“The larger impact of Hertz EV fire sale is the perception hit to the technology,” said Karl Brauer, analyst at used-car aggregator iSeeCars.com. Now their image could take another hit as rental giant Hertz dumps 20,000 of them, including Teslas, for gas-powered cars. Hertz, the largest U.S.

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