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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

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association.

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Hyundai Ioniq 5 N NPX1 adds even more performance to hot-rod electric car

EV Central

For those who just can’t get enough performance, the 2024 Hyundai IONIQ 5 N NPX1 concept has been unwrapped at the Tokyo Auto Salon previewing a whole raft of new upgrades for the fast battery-powered SUV. 2024 Hyundai Ioniq 5 N NXP1. 2024 Hyundai Ioniq 5 N. Is this the makings of an EV masterpiece?

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Used electric vehicle pricing guide: How much you’ll pay for a pre-loved Tesla Model 3, Hyundai Kona Electric, MG ZS EV and many more

EV Central

Hyundai Ioniq Electric – from $26,000 2020 Hyundai Ioniq Electric Premium. But it looked bloody odd (and not a patch on Hyundai’s later Ioniq 5 style winner) and range was a paltry 230km. We found only four for sale, with $28,880 for a 190km range 2014 60Ah version with 100,000km the cheapest.

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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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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

Green Car Congress

The CEC updates its Zero Emission Vehicles (ZEV) sales figures quarterly by analyzing DMV data. Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard. 379,125 PHEV (36% ). 11,956 FCEV (1.1%).

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LG Energy Solution cuts investments after weak earnings

Teslarati

In October 2023, LGES tempered revenue expectations for 2024 , warning investors that high interest rates would affect electric vehicle sales. Slowing EV sales are reportedly affecting many automakers including legacy OEMs like Ford or Hyundai and EV manufacturers like Tesla.

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NHTSA 2020 update on AEB installation by 20 automakers finds rapid progress

Green Car Congress

Ten manufacturers—Audi, BMW, Hyundai, Mazda, Mercedes-Benz, Subaru, Tesla, Toyota, Volkswagen, and Volvo—are already installing AEB in all new passenger vehicles, three years ahead of schedule. The success of the commitment can be seen through the data.