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Vinfast electric truck, Hertz selling EVs for gasoline, by-wire firsts: Today’s Car News

Baua Electric

This and more, here at Green Car Reports. The rental-car giant Hertz has announced that it’s selling a third of its EV fleet —about 20,000 EVs, including some Teslas—to buy gasoline cars. The company points to expensive collision claims and charging issues, and has suggested that Tesla’s price volatility didn’t help.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

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2022 Los Angeles Auto Show Review

Clean Fleet Report

Most of the vehicles debuting at the 2022 Los Angeles Auto Show were powered by some sort of electricity. Not all were, of course, as there is still plenty of interest around gasoline-propelled cars, SUVs and trucks. A stunning electric drop-top. No on sale date or pricing has been announced. Genesis X EV.

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The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. According to a study by the National Renewable Energy Laboratory , there was a shift away from smaller, more fuel-efficient cars toward larger SUVs and trucks. SUV and Truck Sales Decreased as Gas Prices Increased.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

Which automaker priced its hardware set allowing its EVs to back up the home? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 26, 2024. Tesla has also dropped the price of what it calls Full Self Driving to $8,000, but it’s eliminated the popular $6,000 Enhanced Autopilot option.

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Tesla and local EV makers are leaving veteran auto in China’s electric car segment

Teslarati

For some legacy automakers, China’s electric car segment is becoming a white whale of sorts amid rising competition from younger, faster, and more aggressive rivals. PCA Secretary General Cui Dongshu noted that locally-made EVs typically have price as an advantage. They are heavily relying on the path of gasoline cars.

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China auto sales sluggish on consumer sentiment, improvement expected in Q2, says Deutsche Bank

CN EV Post

Price wars have now become the consensus among investors, setting a relatively low bar for EV makers to beat. The underlying cause of sluggish auto sales in China can be mostly attributed to consumer sentiment. In addition, as automakers cut prices, consumers felt more compelled to wait for better deals, the team said.

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