Monthly Archive: October 2023

Chinese EV Startup WM Files for Bankruptcy

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The promising Chinese electric vehicle startup WM Motor (a.k.a. Weltmeister) has declared bankruptcy. In a document filed in a Shanghai court this Monday, a copy of which was obtained by CleanTechnica, WM Motor indicated that it has grappled with […]

Over 2.7 Million Electric Vehicles Operating In US (Report)

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! In 2022, there were about 1.7 million electric vehicles operating in the United States. According to a new Experian report, that number has increased to just over 2.7 million. Critics might try to push back saying the over 2.7 […]

Tesla’s share of US EV market has shrunk despite price cuts

Tesla chargingAmid a growing U.S. EV market, both the average price of a Tesla and the automaker's market share decreased substantially in the third quarter of 2023, new data from Kelley Blue Book shows. EV transaction prices were down overall in Q3. In September, the average price paid for an EV was $50,683, down from $52,212 in August and down from more than...