Author: Stephen Edelstein

How much money EV ownership saves depends on where you live

2024 Volkswagen ID.4A new University of Michigan study compares the cost of ownership for EVs and internal-combustion vehicles across 14 U.S. cities, finding that the path to cost parity between the two varies by region. The study found that the total cost of ownership for a 300-mile midsize electric SUV varies by $52,000 across all the cities studied. EVs were most...

2024 Tesla range ratings drop for Model Y, Plaid S and X

2023 Tesla Model Y  -  Courtesy of Tesla, Inc.Tesla has lowered range estimates for some of its electric cars. First spotted by Electrek, the automaker's website now lists a 310-mile range for the Model Y Long Range, compared to 330 miles before. Tesla now lists a 285-mile range for the Model Y Performance; it had previously quoted a 303-mile range for this model. Tesla hadn't yet provided a...

Fisker pivots to franchised dealerships for EV sales, support

2023 Fisker OceanFisker on Thursday said it would add franchised dealerships alongside company-owned showrooms, pivoting away from the pure direct-sales model previously discussed. "We are evolving our business model and intend to add as many as 50 dealer partners in the U.S. and Canada and a similar number of dealer locations in Europe this year," CEO Henrik...

2024 Ford F-150 Lightning prices rise again

2024 Ford F-150 Lightning FlashPrices of certain versions of the 2024 Ford F-150 Lightning electric pickup truck are going up, while others go down, Ford revealed Tuesday, in a recalibration of costs for the electric truck as the automaker prepares to cut production. The base Pro grade, aimed primarily at fleet buyers, will now start at $57,090 including the $2,095 destination...

GM struggled to accelerate EV production in 2023

2024 Chevrolet Blazer EV RSGeneral Motors ended 2023 with disappointing EV delivery figures. The automaker reported Wednesday that it delivered 75,883 EVs in 2023, but 62,045 of those were Bolt EV and Bolt EUV models that GM discontinued at the end of the year. That leaves just 13,341 of the Ultium EVs that are supposed to set the tone for the future of the automaker's...

Tesla led in 2023 global EV sales, but BYD outsold it in Q4

BYD SealTesla and Chinese automaker BYD were the two global contenders for most EV sales in 2023. Tesla ultimately sold more EVs over the entire year, but BYD pulled ahead of the U.S. automaker in the fourth quarter. On Tuesday, Tesla said it delivered 1.8 million vehicles in 2023, including a record 484,507 in Q4, which represents October through...