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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. EV sales continue to increase as well, as the EV supply sits at 97 days at the beginning of October. At last check, we had 15 new EV models for sale that were not available a year earlier.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. EV sales grew more than 13 per cent in March, which was substantially faster than petrol, diesel and hybrid vehicles. Sales of EVs grew by an impressive 13.1

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QOTD: Would You Rather Own a Mansion or an EV Startup?

The Truth About Cars

mansion for sale for more than Fisker appears to be worth. Living there would be tempting -- and if I could afford that house, I might be able to afford another house here. On the other hand, even given Fisker's current struggles, owning a car company seems like it would be a lot of fun for a car enthusiast.

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Volkswagen sues car dealer for importing ID.6 EV to Germany

Teslarati

Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 In 2022, German car dealer Gregory Brudny offered the Volkswagen ID.6 6 EV for sale to customers in Germany. 6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market.

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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 Stability in Europe Europe is likely to witness a stable increase in EV sales, with projections of 3.4 million EV sales.

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Demand for small cars likely to come back in second half of 2026, says Maruti Suzuki | Autocar Professional

Baua Electric

After years of degrowth in the industry’s small car segment, India’s largest passenger car maker Maruti Suzuki is expecting a turnaround in the segment in 2026 with an improvement in the affordability factor. Sales of small cars have been declining primarily due to the affordability factor and this should improve going forward.

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Updated Tesla Model 3 electric car now on sale in Australia, bringing Project Highland updates to reality with more features, tech and EV range

EV Central

The updated Tesla Model 3 has finally broken cover and is now on sale priced from $61,900 plus on road costs, adding more heat to the fast growing electric car market. Tesla Australia is currently not listing the Model 3 Performance for sale, instead only providing pricing and delivery details for the two more affordable models.