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Nobody Needs Used EVs, Making New Ones a Tougher Sell Too

The shift away from cars with dirty combustion engines is running into a new hurdle: Drivers don’t want to buy used electric vehicles, and that’s undermining the market for new ones, too.In the $1.2 trillion secondhand market, prices for battery-powered cars are falling faster than for their combustion-engine cousins. Buyers are shunning them due to […]

BMW Finds support From China for First Electric Small Cooper Stage

BMW AG is uncovering a completely electric stage for its Little image as the automaker hopes to use its famous three-entryway hatchback to contend with a scope of more modest Chinese battery-controlled vehicles driving into Europe. The new age of the Little Cooper EV will be in plain view at the following week’s IAA vehicle […]

US New Vehicle Sales Expected to Shine with 15.4% Surge in August

A recent industry report from renowned consultants, J.D. Power and GlobalData, indicates a projected upswing in new vehicle sales within the United States for the upcoming month of August. This surge attributed to an enhanced supply chain and robust demand for personal transportation solutions. The comprehensive report forecasts that new vehicle sales in the U.S. […]