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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month. percent APR interest rate for buyers who finance the electric vehicle (EV) on an order placed by May 31. What are your thoughts?

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General Motors introduces omnichannel used car marketplace CarBravo

Green Car Congress

General Motors introduced CarBravo, a new marketplace for used vehicles. GM says that CarBravo will offer used-vehicle customers access to an expansive inventory, an omnichannel shopping experience and exclusive ownership benefits. Importantly, the program features will also be offered on non-GM used vehicles.

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J.D. Power launches EV Index; measuring roadblocks to EV adoption, parity to gas-powered vehicles

Green Car Congress

Each month, the index will arrive at one number (on a 100-point scale) to make it easy to understand the progress to parity of EVs with traditional internal combustion engine (ICE) vehicles. This factor measures the proportion of new-vehicle buyers who purchase an EV, relative to those with a viable substitute meeting their needs.

Power 199
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Toyota says it would rather buy credits than ‘waste’ money on EVs

Baua Electric

The CEO of Toyota isn’t mincing words, saying that he believes EVs will only make up 30% of the US new-vehicle market in 2030, half of the target the EPA sought last year. As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said.

Waste 52
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Tesla Superchargers to adopt time-based pricing for non-Teslas EVs

Teslarati

Just recently, Elon Musk confirmed that Tesla’s Supercharger Network would be opened to other electric vehicles later this year. According to Elon Musk, owners of non-Tesla electric vehicles would have to download the Tesla App to access the Supercharger Network. So an adapter is needed to work for EVs in North America.

Price 145
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Tesla price cut receives split reviews

Teslarati

As Tesla has slashed the prices of its vehicles, not everyone is as happy as consumers are. Car buyers and EV enthusiasts alike rejoiced this morning as Tesla slashed prices for vehicles in North America and Europe , matching a similar move in China. Do you have any comments, questions, or concerns?

Price 64
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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

Green Car Congress

Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. Toyota currently has more than 40% share of the total alternative fuel vehicle market, which includes a 75% share of the fuel cell market and a 64% share of hybrids and plug-ins.

PHEV 305