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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. If the winning formula is greater knowledge = greater consumer interest, electric vehicle manufacturers must focus their marketing on increasing familiarity with BEVs, Ipsos said.

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. Credit: Cox Automotive Cox points to Tesla’s price cuts, incentives, and increased options for affordable EVs hitting the market as reasons for the downward trend.

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Why Electric Vehicles Are the Future of the Automotive Industry

EV Connect

For drivers, one question has become increasingly important: Should I go electric? More automotive manufacturers are developing electric vehicles, and some countries have vowed to ban sales of gas-powered vehicles. The future, indeed, seems electric. When Will Electric Cars Take Over Over and Why?

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EV prices nipping at gas-powered vehicle heels with discounts and cheaper options

Baua Electric

Who says electric vehicles are too expensive? New data shows EV prices are nearly the same as gas-powered vehicles. EV prices are closing in on gas-powered vehicles According to Cox Automotive , the average transaction price for an EV was $50,798 at the end of 2023. Tesla led the way after slashing prices all year.

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Tesla sees over 1400% rise in UK vehicle registrations in April

Teslarati

Recent data from the UK that’s released by the Society of Motor Manufacturers and Traders (SMMT) indicates that electric vehicle maker Tesla saw a massive surge in new car registrations last month. The Model Y’s momentum likely helped drive the UK’s electric vehicle sector forward.

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