EV Depreciation Is Still Brutal. But Hybrids Should Give Us Hope
The average five-year-old EV has lost 57.2% of its value, new data from iSeeCars shows. That means they depreciate far faster than the industry average—41.8% over five years. Hybrids used to depreciate faster than the market, but are now the slowest-depreciating powertrain type. That shows that this condition probably won’t affect EVs in the long-term. Depreciation […]
The Tesla Model Y Proves That Tesla Needs To Get Back To Making Cars
Tesla CEO Elon Musk envisions a near future where operating a steering wheel and pedals feels as antiquated as riding a horse does today. He’s repeated versions of that refrain for years, earning a deserved reputation for being the boy who cried self-driving. But his boredom with the conventional car business has never been more […]
The 2027 Chevy Bolt Configurator Goes Live. It’s A Tremendous EV Deal
The 2027 Chevrolet Bolt can now be configured on the automaker’s website. The base Bolt LT starts from $28,995, including destination. It comes standard with 17-inch alloy wheels, automatic high beams and an 11.3-inch infotainment screen. The 2027 Chevrolet Bolt online configurator has gone live on the automaker’s website, which means customers can now check […]