Tagged: eV

Li Auto begins offering $1,370 insurance subsidy to maintain sales momentum

While Li Auto claims that it is offering the insurance subsidy to celebrate the milestones in the deliveries of its L-series models, it is more likely to be an effort to maintain current sales momentum.

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Report: EVs now top 5% of new vehicle sales in 23 countries

150,000th Ford Mustang Mach-E builtEVs have surpassed at least 5% of new car sales in 23 countries, according to a new Bloomberg report. Much of that sales growth has happened in the past year, according to the report. Five more countries have 5% EV sales—which Bloomberg analysts consider a tipping point for mass adoption—than a year ago. And median EV sales were up 55%...