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Continue reading Volvo Cars' promise of EV boom falls on deaf ears as shares drop 12%
Volvo Cars' promise of EV boom falls on deaf ears as shares drop 12% originally appeared on Autoblog on Thu, 26 Oct 2023 11:27:00 EDT. Please see our terms for use of feeds.
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An influx of used EVs is causing prices to drop, particularly when it comes to used Teslas, according to new data from Recurrent. The company, which sells battery health reports for used EVs, also complies quarterly reports on used EV prices using data from partner firm Marketcheck. This latest report also includes wholesale data from BlackBook... 



Lexus used the 2023 Tokyo auto show to unveil a concept previewing its upcoming EV flagship. Called the Lexus LF-ZL (for "Lexus Future Zero-emission Luxury"), the concept is an SUV measuring 208.6 inches long—about eight inches longer than the current LX SUV and two inches longer than the LS flagship sedan—and based on a dedicated EV...