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Experts discuss the remaining hurdle to EV sales

Teslarati

Experts in the auto industry believe affordability is the remaining hurdle preventing electric vehicle (EV) sales from rising. Dave Katarski, the COO of Feldman Automotive Group, observed that people tend to buy EVs when they can afford them. We’re seeing a ton of people flock to them—when they can afford them.

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Aluminum industry says NHTSA/EPA draft rule assumptions on lightweighting in small cars false

Green Car Congress

However, numerous flawed assumptions in the draft rule are misleading and overstate potential unfavorable impacts on safety, societal cost of the regulation and new vehicle sales. The US aluminum industry continues to make significant investments to meet growing demand for automotive aluminum. —Mario Greco.

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China EV industry sell-off creates opportunity, says Morgan Stanley

CN EV Post

Shares of major Chinese electric vehicle (EV) makers have generally suffered a sell-off so far this year, as the sector's weak sales at the start of the year and recent widespread price wars have raised investor concerns.

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GM: Q2 gross sales up 19% on industrial, SUV positive factors

Baua Electric

light-vehicle gross sales surged 19 % in the second one quarter as all 4 of its manufacturers posted double-digit positive factors. GM stated its retail gross sales rose 15 % time over time, time gross sales via GM Envolve, a newly created unit that mixes fleet and its BrightDrop logo of electrical supply trucks, jumped 34 %.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Most prominently, Recurrent believes Tesla owners are holding onto their vehicles for longer than ever, which can be seen in the decreased number of used Teslas for sale. Recurrent reports that the number of used Tesla vehicles for sale has been cut in half since one year ago. Credit: Recurrent Auto What do you think of the article?

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Two-Wheeler industry to see volume growth of 7-9% in FY25: CareEdge Ratings | Autocar Professional

Baua Electric

The two-wheeler industry is expected to sustain a steady volume growth rate of around 7-9% in FY25, considering both domestic and export markets. However, the sales revived in H2FY24 on the back of festive season demand and uptick in rural sentiments. In FY23, the Indian two-wheeler industry recorded sales of 19.51

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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.