Remove 2018 Remove Affordable Remove Cost Remove Purchase
article thumbnail

GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

Honda 170
article thumbnail

Tesla reports net profit, positive cash flow and better margins for Q3 2018 on Model 3 successes

Green Car Congress

For the third quarter of 2018, Tesla reported GAAP net income of $312 million; free cash flow of $881 million, supported by operating cash flow of $1.4 Q3 2018 was a truly historic quarter for Tesla. To increase the affordability of Model 3, Tesla is accelerating its manufacturing timeline in China. —Tesla investor letter.

2018 230
article thumbnail

Tips for purchasing a new EV amid a vehicle shortage

Plug in America

This combination of high costs and low inventory levels is not surprising news but frustrating to many drivers hoping to switch to an EV. . If you are open to colors and options and want your EV sooner, a good dealership will keep your information and notify you when a unit is available for purchase. .

article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

This figure represents a 46 peercent increase compared to sales made in 2018. One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Say Goodbye to Fuel Costs. Low Maintenance Costs. Electric Vehicles are Affordable.

article thumbnail

Harbour Air and magniX partner to build world’s first all-electric airline; seaplanes to ePlanes

Green Car Congress

Through this partnership, both companies are furthering the vision to someday connect communities with clean, efficient and affordable electric air travel. Harbour Air first demonstrated its commitment to sustainability by becoming the first fully carbon-neutral airline in North America in 2007, through the purchase of carbon offsets.

article thumbnail

Tesla’s $25k car gets update on its final name, options, and potential release date

Teslarati

This is notably conservative as previous reports from China hint that work on an affordable Tesla is already underway. Earlier this year, local reports from Chinese media outlets hinted that a vehicle that’s more affordable than the Model 3 would likely start testing at the latter half of the year. .

article thumbnail

T&E study: EVs can be cheaper for Uber drivers to run than latest diesels in many European capitals

Green Car Congress

This is because of cheaper electricity, lower EV retail prices and higher purchase incentives in France. Because slow charging is cheaper and publicly accessible but takes several hours, slow charging stations in residential areas where drivers live is key to significantly reducing operating costs.

Diesel 243