Report: Used Tesla prices are dropping fast

2016 Tesla Model STeslas have generally held their value better than other electric cars, but used Tesla prices are now dropping fast, according to a recent Reuters report. The average price of a used Tesla in November 2022 was $55,754, down 17% from a July peak of $67,297, according to the report. In comparison, overall average used car prices dropped 4% during...

VW platform for affordable EVs will get mid-decade boost

2024 Volkswagen ID.BuzzThe Volkswagen MEB platform that has served as the backbone for the automaker's EV push is set to get a number of updates over the next few years. The updated version, dubbed MEB+, will incorporate charging and battery updates, as well as an electrical architecture designed to support more advanced driver-assist tech, according to VW. A new...

Used PHEV prices rose ahead of $4,000 tax credit eligibility

2014 Chevrolet VoltIn the months even before we knew some used plug-in hybrids would be eligible for a $4,000 used EV tax credit, market interest in plug-in hybrids was on the rise, according to a recent pricing analysis. In a blog post last month, the retail conglomerate Carmax explained search volume for the term "plug-in hybrid" has increased significantly since...

Review: 2022 Lucid Air Grand Touring keeps getting better

2022 Lucid Air Grand TouringAs we head into the new year and prepare to announce the Green Car Reports Best Car To Buy 2023, there seems like no better time to reflect and revisit our past winner, the Lucid Air. A year after taking the technology lead with incredible range, power, and efficiency, the Lucid Air has matured its user experience without losing those headlining...