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The cost of raw materials needed to make electric vehicles is rising. The average cost in raw materials is now around $8,255 per vehicle, according to consulting firm AlixPartners.
There wasn't much company-specific news today, so the across-the-board rally likely had to do with today's important inflation report. Inflation is a critical factor in demand for autos, as a car ...
Once thought to be uncommon, there are a bunch of luxury electric vehicles (EVs) on the market now, which isn't surprising given that all American drivers will eventually be switching over to EVs ...
Plug-in electric vehicles take more time to sell because of the explaining required, which hurts overall sales and sales people commissions. Electric vehicles also may require less maintenance, resulting in loss of service revenue, and thus undermining the biggest source of dealer profits, their service departments.
Electric cars also have impacts arising from the manufacturing of the vehicle. [43] [44] Electric cars can utilize two types of motors: permanent magnet motors (like the one found in the Mercedes EQA), and induction motors (like the one found on the Tesla Model 3). Induction motors do not use magnets, but permanent magnet motors do.
The amount of range gained per time charging, charging speed, is the ratio of charging power to the vehicle's consumption, and its inverse is the charging time per driven distance:
It's fair for investors to be cautious with Rivian as the company has failed to produce profits on vehicles often priced around $100,000, and its lineup of R2, R3, and R3X are all positioned ...
The Most Expensive Cars to Insure in 2025. Based on industry data and insurance premium analysis, the following vehicles have the highest insurance premiums in 2025, with rates significantly above ...