Author: Stephen Edelstein

Tesla Model 3 leads a nosedive in used EV prices

2019 Tesla Model 3Used car prices have fallen sharply over the past year, led by the Tesla Model 3, according to new analysis from iSeeCars. Overall used car prices are down 4.7% from September and 8.7% from a year ago, according to the analysis, which is based on the average listing prices of over 1.8 million 1-5-year-old used car sales in Feb. 2022 and...

Qiantu K50 electric sports car revamped for US as Mullen GT

Mullen GTRSMullen Automotive still plans to bring the Chinese-developed Qiantu K50 electric supercar to the U.S., but now under a different name and with a different assembly location. The U.S. version of the K50 will henceforth be known as the Mullen GT and GTRS, Mullen announced Monday in a press release. The company said it had also revised the styling of...

Why Mexico builds many US-bound EVs but buys few of them

Ford Mustang Mach-E assembly - MexicoMexico will soon build large numbers of EVs, but most will go north to the U.S. rather than being sold domestically. The reason behind it isn't a culture clash or a lack of concern for the environment. It's a matter of economics and practicality. EVs remain too expensive for most Mexicans, and lack of charging infrastructure makes them less...

Kia EV5 electric SUV concept taps solar panels, swivel seats

Kia EV5 conceptKia just revealed the 2024 EV9 electric SUV in production-ready form, but the automaker on Monday revealed a smaller electric SUV concept. Called the EV5, the concept previews a "production model destined initially for Chinese market later this year," according to Kia. Note the use of the word "initially," which hints that the EV5 is coming to...