Category: eV

Report: Used Tesla prices are dropping fast

2016 Tesla Model STeslas have generally held their value better than other electric cars, but used Tesla prices are now dropping fast, according to a recent Reuters report. The average price of a used Tesla in November 2022 was $55,754, down 17% from a July peak of $67,297, according to the report. In comparison, overall average used car prices dropped 4% during...

Hitting record, electric cars sales in Norway near 80% in 2022

OSLO (Reuters) -Almost four out of five new cars sold in Norway last year were battery-powered, with Tesla the top-selling brand for the second year in a row, registration data showed on Monday. Seeking to become the first nation to end the sale of petrol and diesel cars by 2025, oil-producing Norway has until now exempted battery-powered fully electric vehicles (BEV) from taxes imposed on rivals using internal combustion engines (ICE). The share of new electric vehicles rose to 79.3% in 2022 from 65% in 2021 and from a mere 2.9% a decade ago, the Norwegian Road Federation (OFV) said.

Volvo C40 Recharge Review

Volvo was a slow starter in the EV transition. Its mother company Geely then pushed Volvo to go electric. At first gently, later more forcefully. Eventually, Volvo announced it would be a fully electric brand by 2030. Volvo decided to call its line of plug-in cars “Recharge” models. Only two of the nine Recharge models […]