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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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April auto gross sales defy financial hesitancy

Baua Electric

Stated Zack Krelle, an analyst with TrueCar: “Interest rates on vehicle loans appear to be plateauing as manufacturers offset higher financing costs with increased APR-based relief.” ” Regardless of buying groceries process, affordability extra a priority. Honda Motor Co., building up in April.

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Rivian (RIVN) R1S cracks top 5 best-selling EVs in Q4 just as EV leasing heats up

Baua Electric

According to data from auto research firm Kelley Blue Book , Rivian handed over nearly 24,800 R1S models in 2023. New data from Xperian’s State of the Automotive Finance Market Report Q4 2023 shows Rivian’s electric was the fifth best-selling EV in the US last quarter. FTC: We use income earning auto affiliate links. a year ago.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. With government incentives also beginning to wane, affordability remains a major concern for many motorists. What used market? Rising electricity bills.

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The tipping point is upon us

Electric Auto Association

The age of the electric vehicle is almost here BY JOHN HIGHAM: FORMER LEGISLATIVE DIRECTOR OF THE ELECTRIC AUTO ASSOCIATION, ELECTRIC AUTO ASSOCIATION MEMBER. But the two EVs that I am particularly excited about are the Kia EV-6 and its first cousin, the Hyundai Ioniq 5. I became a grandfather today. But we are living it today.

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The Hottest EVs Coming Out in 2023-2024 and How to Save Big on Them

EV Life

The Chevy Blazer EV is expected to compete with similar vehicles, such as the Ford Mustang Mach-E , Kia EV6 , Hyundai Ioniq 5 , Volkswagen ID.4 It will be available in rear- and all-wheel-drive, and Kia says its all-wheel drive and rear-wheel-drive Long Range models will have an estimated range of 300 miles. 4 , and the Tesla Model Y.

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Electric Car Buyer’s Guide: 7 Steps to Find The Best EV for Your Life

EV Life

Narrow your electric car search Make a charging plan Know your range Maximize EV incentives Test drive Consider leasing vs. financing Get safe pickup or delivery. Consider leasing vs. financing. Why Finance? Regardless of whether you lease or finance, be sure to research and negotiate your best deal. Learn more here.