Vehicles in the U.S. just keep on getting older as new ones continue to cost way too much for the average buyer. In fact, the average car on the road in 2024 is 12.6 years old. That means the average car was built back in 2011. Preposterous. Even EVs Can’t Get A Break From The … Read more
The cost of making EVs is decreasing faster than the industry anticipated. EV production will reach cost parity with ICE-equipped cars in as little three years, and the latest forecast from Gartner predicts that EVs will actually be cheaper to make than gas-powered cars by 2027. One would expect prices to go down as EVs … Read more
GM is all in on electric vehicles. Through 2025, the company plans to spend some $35 billion on bringing more EVs to market. While that plan has had a bit of a rough start, GM’s dealers are thinking about a segment GM has essentially abandoned: hybrids. New York Joins California, Banning Non-Electric Vehicles After 2035 … Read more
Image: Polestar Just over 10 percent of Canadian new car buyers this year chose to buy a battery electric or plug-in hybrid electric vehicle. According to CTV, the exact number is 10.3 percent. The Canadian market is relatively small, as the massive frigid country is expected to purchase around 1.63 million new cars, trucks, and … Read more
DUBAI: It’s the issue at the core of COP28: will this year’s UN climate talks, held in major oil producer the United Arab Emirates, produce the first global agreement to phase out fossil fuel use? Burning fossil fuels for energy is by far the biggest cause of climate change. It is also the engine of … Read more
Stinky tailpipes may be a thing of the past in these states. Photo: Marijan Murat/picture-alliance/dpa/AP Images (AP) Time is running out for gas-powered cars as lawmakers around the world implement new measures to outlaw their sale in the coming years. This week, New Jersey joined the long list of American states that have announced such … Read more
The EV transition is happening, whether you like it or not. It won’t be an overnight process — we keep our cars around for 12.5 years on average, and it’ll take longer than that to entirely cycle out America’s internal combustion fleet — but Rivian CEO RJ Scaringe sees that change coming sooner rather than … Read more