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Hertz Trims EV Fleet With Massive Sell-Off

The Truth About Cars

The company announced that it would buy tens of thousands of electric vehicles from Polestar, BMW, Chevrolet, Tesla, and others and had aimed to purchase 100,000 Teslas by the end of 2022. The company blamed EVs’ high repair costs and expensive collision repairs as part of its decision.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US. Are you ready to drive off in a new electric car?

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

Say Goodbye to Fuel Costs. A small margin in the market drastically affects the cost of fuel and its availability. Low Maintenance Costs. Subsequently, the cost of electric cars has significantly gone down. You can now purchase an electric vehicle at a fair price due to the existing tax credits.

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Best lease-to-own EV deals

Baua Electric

2024 Honda Prologue (Source: Honda) Still think that buying a new car is always much cheaper than leasing if you’re playing for keeps? Assuming a 9% state tax rate on all payments as well as on the $18,500 lease incentive results in a total after-tax lease-to-own cost of $34,063.

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Tesla revives common Style 3 Lengthy Field upcoming hiatus

Baua Electric

Tesla mentioned on its web page that the Style 3 Lengthy Field is eligible for a federal tax incentive of $3,750, which is equal to the bottom Style 3. The Style 3 Efficiency is eligible for a $7,500 credit score, in step with Tesla. The iron cells would possibly qualify for part of the tax credit score because of U.S.

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Tips for purchasing a new EV amid a vehicle shortage

Plug in America

This combination of high costs and low inventory levels is not surprising news but frustrating to many drivers hoping to switch to an EV. . High demand/brand new models such as the BMW i4, Ford Mustang Mach-E, and Hyundai IONIQ 5 are in extremely high demand and short supply on dealership lots.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

It did not include CODA and Fisker nor models introduced after the survey period such as the Chevy Spark; Fiat 500e; BMW i3 and i8, or the Cadillac ELR. From a salesperson’s perspective, this additional time represents a cost of doing business that detracts from time spent closing another potentially more lucrative transaction.

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