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

Ford’s November sales paints revealing picture of US auto industry as EV adoption climbs

Electrek

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.

article thumbnail

Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Projections of future gasoline and electricity prices. Anticipated driving patterns.

Michigan 199
article thumbnail

Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

It’s easy to fall into the Tesla vs. legacy auto narrative. Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. Tesla did force the automotive industry to go electric.

article thumbnail

CEO’s Take On 2024: Demand for feature-rich, safe, connected and electric vehicles to drive auto parts industry, says Bosch India chief – ET Auto

Baua Electric

Guruprasad Mudlapur, President- India, Bosch Group, and Managing Director, Bosch Limited Edited excerpts: Q: After two consecutive years of swift growth in the auto component industry’s performance, what is your outlook for 2024? The automotive industry is in transition.

India 52
article thumbnail

2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

article thumbnail

Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. If the winning formula is greater knowledge = greater consumer interest, electric vehicle manufacturers must focus their marketing on increasing familiarity with BEVs, Ipsos said.

Global 429