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Empowering the EV industry: Canada’s journey towards sustainable mobility

Innovation News Network

Devin Arthur, Director of Government Relations at the EV Society, discusses Canada's rapid progress in the electric vehicle industry, highlighting the importance of addressing affordability, infrastructure, and supply chain development to accelerate adoption.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. However Tesla and other automakers have generally been considered to be targeting a $25,000 price tag, and while affordable, it’s still far greater than $10,000.

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BYD executive dubs Tesla a “very respected industry peer” amid EV transition

Teslarati

BYD sells new energy vehicles, which comprise both battery electric cars and plug-in hybrids. Most of the company’s vehicles are designed for the affordable, mass-market segment, though BYD also has vehicles such as the Han premium sedan that directly compete with popular electric cars like the Tesla Model 3.

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Jeep, Ram owner is launching affordable EVs next year

Electrek

Stellantis, the parent company behind Jeep , Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. The automaker aims to reduce prices on electric models to take on industry leaders like Tesla and incoming Chinese EV makers.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

However, according to a new report, that appears not to be the case. Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners. Outside of Tesla, Recurrent had more good news for will be EV-buyers. If you have news tips, email us at tips@teslarati.com !

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Honda admits it needs affordable EVs with plans for an electric Civic successor

Electrek

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda is set to expand its lineup with an electric replacement for its all-time best-selling Civic.