Green Car Congress

SEPTEMBER 6, 2023

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% of the total new-vehicle retail market. California, for example, which currently has the highest EV adoption rate in the nation, is projected to reach 94% market share by 2035.

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The Truth About Cars

FEBRUARY 22, 2024

The company recently announced that it would lay off 10 percent of its workforce, citing slower-than-expected sales and rising interest rates as being significant headwinds. He also noted that high interest rates had put a dent in the company’s sales. Image: Rivian] Become a& TTAC insider.

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Teslarati

SEPTEMBER 20, 2023

The Commonwealth Bank of Australia (CBA) has partnered with Tesla to offer low-interest financing on electric vehicle (EV) purchases. Through the partnership, buyers can access CBA loan options directly from Tesla’s website, with the bank offering fixed interest rates of 5.49 percent who do today. automaker’s most popular sedan.

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The Truth About Cars

OCTOBER 24, 2023

Subprime auto loans, which are issued to people with lower credit scores, are falling into past-due status at an alarming rate, reaching the highest rates of borrowers behind on loans in almost 30 years. percent last month, the highest rate since 1994. Subprime borrowers at least 60 days past due on their car loans grew to 6.11

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Teslarati

OCTOBER 24, 2023

The South Korean battery supplier and Tesla CEO Elon Musk appear to share similar concerns about high interest rates affecting electric vehicle car sales. According to local Asian news outlets, LGES joins the growing list of automakers and suppliers who have shown concerns about EV demand during rising interest rates.

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Teslarati

APRIL 24, 2024

Tesla China noted in its poster that with the zero downpayment program in place, customers purchasing an inventory Model 3 sedan could see an annualized interest rate starting at 4.58%. Don’t hesitate to contact us with news tips. So, we’re doing well,” Musk said.

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The Truth About Cars

APRIL 18, 2024

A company rep told Automotive News , “We continue to work to right-size the business and ensure alignment to our priorities. The automaker has cited rising interest rates and economic challenges as barriers to its growth. Rivian’s first 2024 layoff cut about ten percent of its salaried staff.

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Green Car Reports

OCTOBER 8, 2020

Volvo’s first electric vehicle has been rated for range. And a global study confirms that interest in EVs has only risen during the pandemic. The upcoming Audi E-Tron GT electric car makes an entirely different sound than the Porsche Taycan. This and more, here at Green Car Reports.

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The Truth About Cars

MARCH 6, 2024

Upstart automaker Rivian has had its ups and downs, but buyers have pretty consistently rated it highly for satisfaction. Though the company’s first two vehicles, the R1T pickup and R1S SUV, are expensive, high-end EVs, Rivian has announced smaller models riding on a new R2 platform.

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The Truth About Cars

APRIL 2, 2024

Ford knocked several thousand dollars off the Mach-E’s price earlier this year and has offered aggressive financing deals with interest rates as low as zero percent. Analysts told Automotive News that Ford has seen Mach-E sales triple since the changes, bringing its significant dealer inventory down by nine percent.

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Teslarati

MARCH 22, 2024

It also told investors earlier this year that 2024 would see a notably lower growth rate than experienced in past years as it has positioned itself between two growth waves. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com. These figures are down 3.9

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Electrek

DECEMBER 20, 2023

Tesla has secured a new credit union partner to help reduce monthly electric car payments amid elevated interest rates. more… The post Tesla secures new credit union partner to reduce electric car payments appeared first on Electrek.

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Baua Electric

FEBRUARY 6, 2024

Arrival is the latest casualty in the high-profile EV industry, where rising interest rates, stubborn inflation and high costs involved in production ramp have hit the cash reserves of most startups. Arrival was in talks with EY about acting as administrator if it failed to secure rescue funding, Sky News reported last month.

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Baua Electric

MARCH 19, 2024

You can apply for annual interest rates starting as low as 1.99% (equivalent to an annualized interest rate starting from 3.65%, applicable to some banks). The annual interest rates for other existing cars on sale start as low as 2.5% (equivalent to an annualized interest rate starting from 4.58%).

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Teslarati

DECEMBER 20, 2023

Credit unions are an advantageous way to finance a vehicle because they can offer lower rates, lower or fewer fees, and more personalized service than a traditional large bank can. However, this will also extend the payment period and make buyers pay more interest through the life of the loan. I’d love to chat!

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The Truth About Cars

JUNE 20, 2023

Automotive News covered the release, noting that the recession-era high for both 2009 and 2010 was just 1.46 S&P Global suggested that the increased delinquency rate could be attributed to inflation and high-interest rates. .& Based on the report, vehicle loans more than 60 days past due settled around 1.69

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Teslarati

SEPTEMBER 16, 2023

A new report shows that Tesla is looking to generate funding from its biggest lease securitization yet, just a few days into a major strike against the auto industry’s “Big 3.” billion securitization of its vehicle leases, according to marketing materials and Fitch Ratings seen by MarketWatch (via Not a Tesla App ).

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Baua Electric

APRIL 9, 2024

Con Ed issued a request for expressions of interest from EV charging companies last September, and expects to finalize details of the extension in April. The DOT has already received 32 responses from interested companies, including itselectric , Voltpost and FLO , which installed the curbside chargers for the pilot.

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Teslarati

MARCH 20, 2024

GWh per year run rate. GWh per year run rate estimated back in October 2023. It would then be quite interesting to see if Tesla would provide some insights into Giga Texas’ 4680 production on its Q1 2024 earnings call. GWh/yr run rate for 4680 cells! Don’t hesitate to contact us with news tips.

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Baua Electric

APRIL 25, 2024

Weakness in auto and industrial demand have been weighing on the sector, while investors remain cautious amid high interest rates, with escalating tensions in the Middle East increasing fears. million expected by analysts in an LSEG poll. Revenue fell 18% to USD 3.46 billion, missing analysts’ expectations of USD 3.61

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Cars That Think

MAY 25, 2023

To submit your votes, find robots on the site that are interesting to you and rate them based on their design and capabilities. Rate this robot: For each robot on the site, you can submit your overall rating, answer if you’d want to have this robot, and rate its appearance.

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Teslarati

JANUARY 25, 2024

Tesla did state that it expects a “notable” reduction in growth rate for 2024 as it will spend most of the year developing its next-generation vehicle platform. Additionally, Morgan Stanley’s Adam Jonas reiterated his $345 price target and an ‘Overweight’ rating. million units.

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The Truth About Cars

AUGUST 30, 2023

New cars come packed with all sorts of advanced tech and safety features, but buyers have gravitated toward certain amenities over others. AutoPacific recently released its 2023 Future Attribute Demand Study (FADS), which rates the 10 most-wanted vehicle features, according to buyers. Power’s 2023 Initial Quality Study (IQS).

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Baua Electric

MARCH 1, 2024

A study by CRISIL Ratings, covering four major CV makers, suggests that this trend is likely to continue. Anuj Sethi, Senior Director at CRISIL Ratings, stated “Revenue growth of CV makers will be driven by higher realisations next fiscal. A similar trend is expected next fiscal as well.”

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The Truth About Cars

MARCH 20, 2024

The second is an assessment of the punitive interest rates many buyers face, which could make a multiple-hundred-thousand-dollar purchase even more expensive. Get the latest& news, features, TTAC takes, and everything else that gets to the truth about cars first by & subscribing to our& newsletter.

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Baua Electric

NOVEMBER 7, 2023

Untouched-vehicle stock helped the car listings corporate, however prime costs and mountaineering rates of interest remained demanding situations. The post TrueCar reduces losses, boosts earnings in Q3 appeared first on Bauaelectric Auto News.

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Teslarati

APRIL 12, 2024

Tesla FSD subscriptions go live for $99-$199 per month Interestingly, Tesla decided to push the price of the Full Self-Driving subscription downward less than a day after CEO Elon Musk liked a post on X that suggested the take rate would improve if the price was lowered to $99 per month. I’d love to hear from you!

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Teslarati

JANUARY 18, 2024

TSLA The new Model 3 received a 5-star rating in China's IVISTA Vehicle Intelligence Latest Assessment. The new Tesla Model 3 is a pure vision car , which means that it is no longer equipped with radar or ultrasonic sensors. Check out the video below ! Just send a message to simon@teslarati.com to give us a heads up.

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Baua Electric

APRIL 23, 2024

Global NCAP has crash tested the Honda Amaze sedan under its new protocol, and awarded it a 2-star adult occupant and a 0-star child occupant protection rating. Honda Amaze Global NCAP score explained The Amaze had secured a 4-star adult and 1-star child occupant protection rating back in 2019.

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Teslarati

DECEMBER 19, 2023

I am worried about the high interest rate environment that we’re in,” stated Elon Musk at the third-quarter earnings call. The company has teased a new assembly line for the $25K EV. In the past, Elon Musk announced that Tesla is working on two new next-gen vehicles.

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Teslarati

DECEMBER 11, 2023

However, it does not have official safety ratings from the National Highway Transportation Safety Administration (NHTSA), and the Insurance Institute of Highway Safety (IIHS) has no plans to test the vehicle. The Cybertruck is not mentioned on the 2024 list of vehicles to be included in the agency’s five-star safety ratings tests.

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Baua Electric

OCTOBER 18, 2023

Tesla’s third-quarter improper margin shrank from a hour previous as the electrical automaker slashed costs to spice up call for within the face of upper rates of interest. The post Tesla stories decrease Q3 margin appeared first on Bauaelectric Auto News.

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Teslarati

MARCH 1, 2024

Tesla China has launched a series of new incentives on the Model 3 and Model Y for March, including discounts on paint, low-interest financing, and limited-time insurance programs. You can also reach me on Twitter @KlenderJoey , or if you have news tips, you can email us at tips@teslarati.com. I’d love to hear from you!

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Baua Electric

OCTOBER 18, 2023

third-quarter improper margin shrank from a presen previous as the electrical automaker slashed costs to spice up call for within the face of upper rates of interest. The post Tesla stories decrease third-quarter margin appeared first on Bauaelectric Auto News. Tesla’s TSLA.O

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Teslarati

JANUARY 23, 2024

With peak rates of up to 250 kW per car, a Model 3 Long Range operating at peak efficiency could recover up to 75 miles of charge in just five minutes. The chargers themselves have higher power ratings as well. Don’t hesitate to contact us with news tips. Tesla’s average of 5.9

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Teslarati

FEBRUARY 11, 2024

The Super Bowl is the United States’ biggest sporting event, reaching nearly 100 million people every year since Super Bowl 44 in 2010, as per ratings agency Nielsen. And the follow up interest from TSLA paying for a Super Bowl ad would be huge. Don’t hesitate to contact us with news tips.

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Green Car Reports

DECEMBER 9, 2019

The Mustang Mach-E has a very interesting origin story. The Jaguar I-Pace gets more range, but not a higher EPA range rating. Connecticut tries to steer away from incentivizing Teslas. And do hybrids need special motor oil? This and more, here at Green Car Reports.

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