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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
According to Manheim’s latest used vehicle value index, used gas-powered car prices fell 3.5% in October, whereas pure EV prices fell by 11.1%. And the downward pressure on prices will continue.
Volkswagen ID. concept cars. The Volkswagen ID. series is a family of battery electric cars from Volkswagen (VW) using its MEB platform that is developed by the Volkswagen Group for a range of vehicles. Deliveries began in late 2020. By November 2022, half a million vehicles had been delivered. [1]
General Motors started with a regular-cab, short-box (6-foot (180 cm) bed) S-10 pickup, with a base-level trim package plus a half-tonneau cover. In place of a typical inline four cylinder or V-6 internal combustion engine, the Electric S-10 EV was equipped with an 85-kilowatt (114 hp) three-phase, liquid-cooled AC induction motor, based on GM's EV1 electric coupe.
Hertz said last year that it would sell 30,000 electric cars ... and now the company is asking some renters if they'd like to buy their EV. One person on Reddit recently said they were offered a ...
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As it costs around $29,965, the Kia Sportage Hybrid is an excellent choice to buy before then. The car has a hybrid powertrain of 48 mpg combined, making it one of the most fuel-efficient in its ...
The Solo took the form of a three-wheeler with one pair of doors and a slim body that tapered towards the rear unicycle. Similarly to the original by Mike Corbin from 1996, the Solo was designed to transport only one person, the driver. The spaciousness of the passenger cabin was to ensure, among others, relatively large, over 2-meter wheelbase.
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