Price is keeping many Americans away from EVs, polling suggests

2024 Nissan LeafAmericans aren't very enthusiastic about EVs, with cost, range anxiety, and charging among the main concerns, according to a new consumer poll by the Associated Press–NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago (EPIC). Researchers polled 6,265 U.S. adults between March 26 and April 10...

Used EV prices have plummeted, now stand below ICE prices

2020 Jaguar I-PaceAverage used EV prices fell below average prices for used gasoline cars in February, and have continued to decrease since then, according to iSeeCars. Used EV prices stabilized in 2023, after roughly two years of surges, but they've fallen significantly so far this year, iSeeCars found in an analysis released earlier this month. That trend is...

Musk: Buying EV batteries from suppliers costs less vs. Tesla’s own

Tesla Semi loaded with Teslas, including a CybertruckTesla CEO Elon Musk, in Thursday’s annual shareholder meeting, called himself “a helpful accelerant” to the company’s future, as shareholders approved a pay package for Musk valued at $46 billion based on current stock prices. Meanwhile, one aspect that was due to change the company’s trajectory, cut costs, and enable...

Tesla confirms 3 upcoming “amazing” EVs, omits Roadster

2020 Tesla RoadsterTesla is developing three new EVs, but appears to have nixed the second-generation Roadster. During the automaker's 2024 stockholder meeting, which was live-streamed on YouTube Thursday, CEO Elon Musk announced three upcoming "amazing" EVs and showed a slide with three vehicles under covers alongside the current Tesla lineup. However, the Roadster...

GOP Senators go after inflated EV efficiency in fleet standards

2023 GMC Hummer EV PickupIn their ongoing effort to push back against stricter emissions standards expected to lead to more EV sales, Senate Republicans have drafted a bill calling for regulators to change the way EV efficiency is calculated. Dubbed the Recalculating Electric Vehicle Efficiency for Accuracy and Legitimacy (REVEAL) Act, the bill questions the methods the...