article thumbnail

Bank of America introduces residential EV charger financing

Teslarati

BoA said it would allow consumers the option to finance residential electric vehicle chargers alongside their auto loans through the bank. The option of letting consumers finance the chargers will ultimately fall into the hands of dealers and manufacturers, the company said. With the nationwide EV outlook expected to reach 26.4

Financing 145
article thumbnail

Tesla’s EVs still have great financing deals compared to rivals, even with recent price increases

Teslarati

Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs by a notable degree. It’s not just Toyota either.

article thumbnail

Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

We’ll also show you how to save a ton of money by financing your purchase through EV Life. Release Date: Fall 2023 Starting Price: $30,000 Chevrolet has become a pioneer in the electric vehicle market. Enter the Chevrolet Equinox EV. Within these two distinct options, several trims, drive configurations, and range options are available.

article thumbnail

UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

Davis 290
article thumbnail

Tesla Model 3 still the top-selling EV in Australia

Teslarati

The Tesla Model 3 remains one of the top-selling electric vehicles in Australia, based on sale numbers for February 2023. Tesla sold approximately 2,671 Model 3 vehicles last month, leading electric vehicle sales in Australia. The Tesla Model 3 was the third highest-selling model of all the cars sold in the country.

article thumbnail

Researchers call for major change in US policies supporting plug-ins; failure of “mainstream consumer bias”

Green Car Congress

Although sales of plug-in vehicles (plug-in hybrid-electric and battery-electric vehicles, collectively PEVs) in the US climbed more than 80% in 2013 to more than 96,000 units (Tesla has not yet released its final figures) from 52,835 units in 2012 EDTA ), the 2013 results still reflect a meagre new light-duty vehicle market share of ~0.6%

Plug-in 271
article thumbnail

Electric Vehicles Save Owners Up To $12,000 Over Life of Vehicle

Plug in America

Consumer Reports analyzed six popular EV 2023 models: Tesla Model Y AWD, Tesla Model 3 RWD, Ford F150 Lightning XLT, VW ID4 Pro RWD, Ford Mustang Mach E Select RWD, and Chevy Bolt EUV LT. They found all six EVs offer savings in the very first year of ownership when financed.