The cost of making EVs is decreasing faster than the industry anticipated. EV production will reach cost parity with ICE-equipped cars in as little three years, and the latest forecast from Gartner predicts that EVs will actually be cheaper to make than gas-powered cars by 2027. One would expect prices to go down as EVs … Read more
If you’ve never driven a Tesla before, it’s something of an immediately alien experience. The tip-in acceleration isn’t like any gasoline-powered car on the market, because it doesn’t need to ramp up. If you stomp on the throttle in an EV, it goes right when you tell it to go. Quicker acceleration is a major … Read more
The rental car company Hertz will be selling about one-third of the electric vehicles in its fleet after they lost value more quickly than expected, the company said Thursday. The drop in value is a blow to the company’s efforts to replace gasoline vehicles with cars that do not produce tailpipe emissions. The electric vehicles … Read more
After Hertz’s full-scale EV adoption plan resulted in its fleet of new Tesla Model 3s getting abused by rideshare drivers and renters alike, Hertz is selling off a portion of its fleet for wildly cheap prices. Before you go snatch up these electrified bargains, keep in mind that Hertz is jettisoning these Model 3s due … Read more
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