Some EVs Are Depreciating $600 A Day

Some EVs Are Depreciating 0 A Day

Photo: Mercedes-Benz The depreciation of electric vehicles is far steeper than data showed just last year. EVs can now lose up to half their value over a single year, based on recent observations. This is a sharp shift from when electric cars were projected in December 2023 to lose half their value in three years. … Read more

The EV Stock Bubble Is Bursting

The EV Stock Bubble Is Bursting

Good morning! It’s Monday, January 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Walter Isaacson On Elon Musk(s) 1st Gear: Electric Vehicle Stocks Are Down Bad Tesla’s stock is having a … Read more

‘Sluggish’ EV Sales Kill VW’s Battery Plant Expansion

‘Sluggish’ EV Sales Kill VW’s Battery Plant Expansion

Good morning! It’s Friday, November 3, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 2023 Range Rover Sport | Quick Drive 1st Gear: VW Kills A Fourth Battery Plant In Europe Sales … Read more