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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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Mahindra launches new Supro Excel at starting price of Rs 6.62 lakh | Autocar Professional

Baua Electric

Mahindra & Mahindra today launched Supro Profit Truck Excel, a new edition to its small commercial vehicle portfolio under the Supro label, at a starting price of Rs. The Supro Excel is available in two powertrain options – diesel, priced at Rs 6.62 The post Mahindra launches new Supro Excel at starting price of Rs 6.62

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Shock report! Used EVs are losing value faster in Australia and taking longer to sell

EV Central

Used electric vehicles take longer to sell in Australia than petrol and diesel cars and have below average retained value, a new report has found. Unsurprisingly, new EV market leader Tesla was found to be the biggest used EV sales brand, with 4377 examples of its model range changing hands in Australia in 2023. That translates to 37.6

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Are public charging costs really putting the brakes on EV fleet sales?

My Energi

Jordan Brompton, co-founder and CMO of myenergi, addresses concerns from the Association of Fleet Professionals (AFP) over rising public charging costs, questions whether high prices are really having a negative impact on vehicle sales, and explains the numerous solutions available for drivers to embrace more cost effective charging options.

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Zero Emission Vehicle mandate comes into force

My Energi

While the government may have pushed back the ban on new ICE-powered car and van sales from 2030 to 2035, the ZEV mandate is still a hugely important step forward for the industry. Considered to be the biggest mechanism to accelerate the transition to electrification, the mandate will levy increasingly stringent quotas on manufacturers.

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Is misinformation putting the brakes on the used EV market?

My Energi

According to insight from the Society of Motor Manufacturers and Traders (SMMT), more than 30,500 second-hand battery electric vehicles (BEVs) changed hands in the second quarter of 2023, an 81.8% 1] Used plug-in hybrids (PHEVs) also grew in popularity, with sales up 11%. rise on the same period last year. [1] In short, no.

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Nissan to test African demand for its e-Power hybrid vehicle – ET Auto

Baua Electric

But, like in many countries globally, electric vehicles (EVs) are currently priced out of the reach of most domestic consumers, while some countries in Africa, including South Africa, struggle with power outages and logjams on railways and at ports, making it difficult for global executives to invest in EVs on the continent.

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