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Bank Study Claims 52 Percent of Households Postponed New Vehicle Purchases

The Truth About Cars

A survey conducted by Santander Holdings USA, attempting to probe the status of middle-class households over the last twelve months, has reported that over half are actively delaying new-vehicle purchases. While we’re focused entirely on automotive issues, home ownership has indeed played a factor in reducing vehicle purchases.

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IDTechEx: buying an autonomous electric car will feel more like buying a laptop than a car

Green Car Congress

IDTechEx expects that purchasing a new vehicle will soon feel like shopping for a new laptop. Source: IDTechEx What are the main concerns when buying a laptop? They will become system integrators, like how Lenovo will buy CPUs from Intel or AMD, RAM from Microchips, and screens from LG and put them together into its own packaging.

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BYD electric motor coaches selected for California purchasing contract; available to governmental entities outside CA

Green Car Congress

BYD announced that its participation in a California-wide purchasing contract will also allow US transit agencies to leverage California’s purchase power to buy US-built zero-emission BYD battery-electric motor coaches, made by union employees in Lancaster, California. —Patrick Duan, Vice President of BYD North America.

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Gen X, Millennials buy the most EVs, as Boomers dominate policy

Green Car Reports

Gen X and Millennials tend to buy more EVs than Baby Boomers, but the older generation is still in control of EV policy, a pair of recent studies show. of new vehicles purchased by Gen X in 2023 were electric. Gen X purchased the most new vehicles of.

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UK bus operator commits £500 million to buy 1,200 zero emission buses

The Driven EV News

UK bus operator Go-Ahead has announced plans to invest £500 million in the purchase of 1,200 UK-made zero emission buses over the next three years. The post UK bus operator commits £500 million to buy 1,200 zero emission buses appeared first on The Driven.

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Moscow plans to buy 500 more electric buses in 2022

Green Car Congress

This year the Government of Moscow plans to buy 500 additional electric buses. Most of them will be purchased with the funds from the green bonds. The funds received from the placement of green bonds were earlier used to purchase 400 electric buses. Next year Moscow plans to purchase 500 more eco-friendly buses.

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Merchants Fleet to buy 5,400 new BrightDrop EV410s

Green Car Congress

The announcement underscores Merchants’ fleet electrification leadership position, as BrightDrop’s first and largest FMC customer, with the highest intent to buy electric vehicles to date. Earlier post.) For Merchants clients such as Staples, guidance and support are key to making the transition to EV.

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