Author: Stephen Edelstein

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...

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...

$25,000 Jeep EV will be an electric Renegade

2023 Jeep RenegadeStellantis CEO Carlos Tavares said in a recent interview that a $25,000 Jeep EV is coming to the U.S. soon. Now we know that it will expand on the Renegade nameplate, which was previously given to a small gasoline crossover that was discontinued after the 2023 model year. First spotted by MoparInsiders, the Renegade name was confirmed in...

Will plug-in hybrids be plugged in, or will they add oil demand?

2025 Ram 1500 RamchargerThe global fleet of internal-combustion vehicles will peak in 2025, but plug-in hybrids may determine whether this leads to decreased oil demand, according to new analysis from Bloomberg New Energy Finance (BNEF). Sales of internal-combustion vehicles already peaked in 2017, and BNEF expects them to be 29% below that peak in 2027. While BNEF still...