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Malaysia wants EVs to be tax-free, duty-free to encourage consumers to buy

Teslarati

This figure would be provided “on the cost of purchasing and installing, renting or taking up hire purchase facilities, as well as subscription payments of EV charging facilities,” the report said. As of September 2020, only the Nissan LEAF, the Mini Electric, BMW i3, and Porsche Taycan were available for purchase.

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Musk: Buying EV batteries from suppliers costs less vs. Tesla’s own

Baua Electric

But we expect to achieve cost parity, even be much lower than the supplier cell price today, by the end of the year.” Tesla’s big battery bet hasn’t paid off—yet The cost of EV battery cells has indeed been a rollercoaster ride. After Battery Day, EV battery cost soared to new heights in 2022, hampering EV affordability.

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QOTD: Could Energy Storage Unlock the EV Market?

The Truth About Cars

As you no doubt know, one reason EVs cost as much as they do -- most EVs are more expensive than ICE vehicles -- is because of the cost of batteries. According to the Times , Ford, GM, BMW, Mercedes-Benz, and Renault are interested in some form or another. It seems, on paper, like a pretty nifty idea. What say you?

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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Setting some variables in this equation, they propose a monthly insurance rate of $147, fuel costs of $260 per month, and maintenance pegged at $95.50 A ’17 Jag XF with 88K looks nice but is sure to cost far more than 10 cents a mile in maintenance. Same goes for the myriad of decade-old BMW X5s and Merc C-Class sedans.

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These are the best-selling used EVs – and what’s being traded in for them

Baua Electric

The used EVs people are buying The top three most popular EVs at CarMax are the Tesla Model 3, Tesla Model Y, and the Nissan LEAF, according to the Spring 2024 CarMax Electric Vehicle Consumer Report, which draws from sales data between September 1, 2023, and February 29, 2024.

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Hyundai introduces trade-in program in Korea to encourage transition from ICE cars to EVs

Baua Electric

Hyundai launched a new trade-in program in Korea that allows you to buy EVs like you would an iPhone. Hyundai compares it to buying a smartphone, where a trade-in helps lower the cost of a new purchase. Hyundai compares it to buying a smartphone, where a trade-in helps lower the cost of a new purchase.

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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

lakh, said Vinay Sanghi When Dilip Singh was looking to sell his seven-year-old SUV whose odometer had clocked nearly 1 lakh km, he was surprised to find that he managed nearly 70% of the cost of the vehicle. Also, many new entry-level car buyers are preferring to buy better equipped, bigger B-seg used cars at the same price.

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