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Hertz is pausing purchases from Polestar as it shifts away from EVs

Teslarati

Rental car company Hertz recently announced plans to slow down its electrification strategy by selling off some electric vehicles (EVs), and now the company has halted its plans to purchase EVs from the Polestar. The post Hertz is pausing purchases from Polestar as it shifts away from EVs appeared first on TESLARATI.

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Strategy Analytics report finds ridesharing may not negatively impact future vehicle purchases

Green Car Congress

A new report from the Automotive Connected Mobility (ACM) service at Strategy Analytics has found that ridesharing usage may not negatively impact the future vehicle purchase intention of current vehicle owners. This was true across the US, Europe, and China. —Kevin Nolan, VP UXIP.

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Tesla Looks to Boost Model Y Sales with Threats of Nearing Price Increases

The Truth About Cars

The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. That has led the company to offer various promotions and discounts in the past, either through price cuts or the offer of free charging with a vehicle purchase.

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Lotus Posts $750 Million Loss for 2023 While Also Setting Sales Record

The Truth About Cars

However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. The real question is whether or not sales are sustainable beyond that.

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Flipped Tesla Cybertruck now on sale again for $289,999

Teslarati

The Tesla Cybertruck that was recently sold at auction for $244,000 has now gone on sale again, this time through a Florida dealership trying to get $289,999 out of it. Porsche South Orlando purchased the Cybertruck on Manheim Auction for $244,000 last week , despite a no-resale policy from Tesla.

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Kia targeting annual sales of 1.2M BEVs by 2030; 14 BEV models by 2027 including two electric pickup trucks

Green Car Congress

These core business aims include: Accelerating electrification and achieving annual sales of 1.2 Starting with an annual global sales goal of 3.15 The company will make the sales of these vehicles the focus of future business growth. million BEV sales in 2030. BEV line-up expanding to 14 BEV models in 2027.

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New Jersey to ban the sale of new gas-powered cars by 2035

Teslarati

Earlier this week, New Jersey officials announced plans to ban the sale of new gas-powered cars by 2035. The state Department of Environment Protection announced that it will prohibit the sale of new gas-powered cars precisely on January 1, 2035. The rule will only apply to new car sales.