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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. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Most prominently, Recurrent believes Tesla owners are holding onto their vehicles for longer than ever, which can be seen in the decreased number of used Teslas for sale. Recurrent reports that the number of used Tesla vehicles for sale has been cut in half since one year ago. Credit: Recurrent Auto What do you think of the article?

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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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EV sales in India surge 41% to 1.66 million units in FY2024 | Autocar Professional

Baua Electric

FY2024 has ended on a very strong note for the Indian electric vehicle (EV) industry, setting a new benchmark for sales across vehicle segments as also delivering the best-ever 12-month sales for the electric two-wheeler, three-wheeler and passenger vehicle sub-segments. Ninety-five percent – 37,70,971 units – of the 3.94

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Hyundai Motor to enter hybrid vehicle segment in India in 3 years | Autocar Professional

Baua Electric

The South Korean car maker has also partnered Indian battery maker Exide Industries to make localised cells to ensure an accessible price. During the financial year 2023-24, about 85,000 to 90,000 hybrid vehicles were sold in India accounting for 2% of the total sales in the country. The market leader has guided for sales of about 7.5

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Plugless: first wireless charger to provide 1 million charge hours for PEVs

Green Car Congress

This marks another “firsts” milestone for Plugless in the EV industry. Plugless continues to be the only wireless EV charger for sale to consumers in the world. 1 st wireless EV charging field trials. 1 st production wireless charger available for purchase by EV owners. 1 st 7.2kW wireless EV charger available for purchase.

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Land Rover EV conversion packs in-wheel motors, weighs same as original

Baua Electric

The program will expand the company beyond its current business of electric van conversions to the burgeoning cottage industry of electrified classic cars—and, perhaps, to more contracts to supply its in-wheel motor tech. Very few Endurance trucks were built, however.