BMW close to hitting this year’s EV target already, will pump more cash into electric vehicles

BMW has got a huge impetus because of which they will be investing more in their EVs than they had originally planned to. However, BMW is not willing to set a target on when it will stop producing its ICEs BMW has stated that it is accelerating its investment in electric vehicles beyond what it … Read more

Russian car sales rebound in July as Putin touts domestic vehicles

A Soviet-made retro VAZ-2101 car is on display in front of a showroom of Izh-Lada dealership in the city of Izhevsk, Russia August 19, 2022. REUTERS/Alexey Malgavko/File Photo Aug 4 (Reuters) – Car sales in Russia rose 168.8% year-on-year in July, partially bouncing back from a slump in 2022, data showed on Friday, the day … Read more

Kolkata: Seven-Year-Old Boy Crushed By Speeding Truck, Locals Block Road, Set Fire to Police Vehicles

Following the incident, a police van and a motorcycle was set on fire by an agitated mob. (Image: News18) The child died on the spot and the father was rushed to the hospital on being seriously injured A speeding truck in Kolkata’s Behala area killed a seven-year old boy and has left his father critically … Read more

This E-Bike Rack Lifts Your Bike Onto Your Vehicle’s Roof For You

While electric bicycles are reshaping the personal mobility scene all over the world, we can’t ignore the fact that a large chunk of e-bike riders – specifically e-MTB and road cyclists – use their e-bikes more for sport, rather than actual mobility. As such, you’ll often see e-bikes strapped to the back of a car, … Read more

Which Depreciates Faster? Electric Vehicles vs. Gasoline Vehicles

Key Takeaways Electric vehicles have a longer lifespan than gasoline cars, but replacing the battery pack can be costly, making their resale value drop by almost 50% after 100,000 miles. Brand reliability reputation plays a significant role in the resale value of cars. Japanese car brands like Toyota and Honda tend to have higher resale … Read more

Power Loss Issues Persist with EV9, iX, Other Electric Vehicles

The Kia EV9 GT-line Problems with power loss while driving continue to plague electric vehicles from several major brands. The issues have mostly been detected in their Integrated Power Control Units (ICCU), but other causes have also been identified. Although the history of electric vehicles is still short and requires time for improvements, … Read more

CFPB sues auto dealer for illegally locking cars, re-possessing vehicles, ET Auto

The bureau is seeking to get millions of dollars in refunds for thousands of USASF customers, as well as impose fines and penalties against the Georgia-based company. The Consumer Financial Protection Bureau on Wednesday sued USASF Servicing, the financial arm of a chain of auto dealerships found mostly in the South, alleging the company committed … Read more

Electric Vehicles & The US Economy — A Win-Win Situation

We know that transportation electrification will help the environment. What we haven’t heard much about is the positive influence that electric vehicles (EVs) will have on the US economy. New research indicates that EVs are going to be really, really good for the US economy — for a variety of reasons. An exposé by Elaine … Read more

CFPB Sues Auto Dealer for Illegally Locking Cars, Re-Possessing Vehicles, Other Shady Activities

NEW YORK (AP) — The Consumer Financial Protection Bureau on Wednesday sued USASF Servicing, the financial arm of a chain of auto dealerships found mostly in the South, alleging the company committed a laundry list of illegal practices, like disabling borrowers’ cars, double-billing customers, and illegally repossessing cars. The bureau is seeking to get millions … Read more

Battery Swapping for Electric Vehicles Market Size Will Hit

London, Aug. 02, 2023 (GLOBE NEWSWIRE) — Rapidly growing reliance on micro-mobility is driving the market for battery swapping for electric vehicles (EVs). The latest published report of Fairfield Market Research has estimated the global market valuation of EV battery swapping technology to reach around US$16.1 Bn by the end of 2030. The study reports … Read more