Franchise dealerships anticipate spending $5.5 billion on new infrastructure to sell EVs, according to the National Automobile Dealers Association (NADA), a car dealer trade group. The estimate is "based on available data from a selection of brands," according to an NADA press release. Some automakers have asked dealerships to invest in chargers... Dealerships plan to spend $5.5B in EV infrastructure
Franchise dealerships anticipate spending $5.5 billion on new infrastructure to sell EVs, according to the National Automobile Dealers Association (NADA), a car dealer trade group. The estimate is "based on available data from a selection of brands," according to an NADA press release. Some automakers have asked dealerships to invest in chargers... 
There is no shortage of EV startups looking to challenge established automakers, but Milan-based Aehra is taking a different approach. Aehra unveiled its first model, an SUV, last October, plans to unveil a sedan in June, and aims to start deliveries of both in 2025 in markets potentially including North America, Europe, China, and the Middle... 
Startup Atlas E-Mobility Group on Thursday announced plans to launch what it claims will be the first EV designed and engineered in Africa. Headquartered in London, but with development and production facilities in Morocco, Atlas aims to start producing vehicles in 2026, initially for Africa, Europe, and the Middle East, with a wider release in... 
Tesla owners put more miles on their cars than owners of other EVs, according to new iSeeCars data analysis. All four Tesla models are driven an above average amount for EVs, but still not as much as the average for gasoline vehicles, according to the analysis. As with other iSeeCars data insights, it's based on the posted information of vehicles... 
With new lease rates in place ahead of Memorial Day, it's currently cheaper to lease a Hyundai Ioniq 5 or Ioniq 6 than a Tesla Model 3, reports CarsDirect. According to a Hyundai national dealer bulletin cited by CarsDirect, the 2023 Hyundai Ioniq 5 SE is now available to lease at $429 a month for 36 months with $3,999 due at signing. That's based... 
BMW on Wednesday unveiled the i5, the first-ever all-electric version of the automaker's 5-Series luxury sedan, which is scheduled to reach dealerships later this year as a 2024 model. The 2024 BMW i5 will launch in the U.S. in eDrive40 and M60 xDrive guises priced from $67,795 and $85,095, respectively. Both prices include a mandatory $995... 
Volvo says its upcoming EX30 electric SUV will have the lowest carbon footprint of any of its production models to date. Scheduled to debut June 7, with orders and pre-orders in some markets on the same date, the EX30 will represent a 25% reduction in lifecycle carbon emissions versus the C40 Recharge and XC40 Recharge EVs—which both boast... 
Ford CEO Jim Farley confirmed via Twitter on Tuesday that the automaker would include AM radio on all 2024 models, reversing a policy Ford previously indicated was a byproduct of EVs. Ford removed AM radio from the Mustang Mach-E and F-150 Lightning after data collected from the vehicles showed that fewer than 5% of customers listened to it, a... 
The Megawatt Charging Standard (MCS) formalized just last summer will pave the way for more electric big rigs at the expense of hydrogen fuel-cell trucks, an electric-truck consultant predicts. Enthusiasm for hydrogen fuel-cell passenger cars has largely played out, and megawatt charging will do the same for fuel-cell trucks, Rustam Kocher, former... 
BMW and utility Pacific Gas & Electric (PG&E) have started testing technology that allows EVs to supplement the grid. Testing is taking place at a PG&E lab in San Roman, California, as part of a partnership between the two companies that dates back to 2015, according to a BMW press release. BMW and PG&E previously offered...