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California is the number 1 state in United States when it comes to plug in hybrid cars and battery electric models. Well, that’s not much of a wonder since the state offers numerous local and statewide incentives, and many utility companies reward customers for choosing an electric car over a fossil-fuel powered vehicle. If we combine all these things, we get a very friendly environment for electric cars. According to the latest report released by non-profit organization Next 10, 5 percent of new-car sales in the state are now electric vehicles. That figure reflects new cars sold du...
People across the world, show more support for electric cars, and automakers start to deliver even more electric vehicles with longer range and lower prices. China even set an aggressive target for electric vehicle sales, in order to curb pollution, European countries aim to be all-electric by 2040 or sooner. Those lofty ambitions face numerous challenges, including one practical consideration for consumers: If they buy electric cars, where will they charge them? The distribution of public charging stations is wildly uneven around the globe. Places with lots of support from governme...
If you love Porsche cars, you'll be glad to find out that Porsche is again the most attractive car brand for drivers in the USA. For the 13th time in succession, the sports car manufacturer has finished top of the overall rankings. The Porsche 911, Cayenne and Macan models also took the top positions in their categories. More than 69,000 new car owners took part in the survey, assessing 243 models from 33 car manufacturers in 10 categories. Oliver Blume, President and CEO of Porsche AG, says that the aim of the company’s actions is to have thrilled customers. The results o...
China expects its annual automobile production output to reach 30 million by 2020 and 35 million by 2025. The car sales are expected to rise also, new energy sales might reach 2 million units by 2020. Today China is the world’s largest market for new car sales. Last year 28 million cars were sold in China, and if it’s going to reach those expected 35 million, this amount is gonna be nearly double the 17,5 million units sold in United States last year. The country’s focus on NEVs, a category that includes battery electric cars, plug-in hybrids and fuel-cell cars, wou...
It's obvious that the auto industry is not able sell 17 million cars and light trucks in America year after year. At some point buyer demand will become sated. Higher interest rates will force manufacturers to offer less attractive deals. Thus, sales would begin to drop from their recent peak, which will create a set of difficult challenges for car companies that operate in the United States. A forecast for January sales predicts a dip of 3% to 1.13 million, which translates into 31,000 vehicles. Some car companies will start to be part of trends that may erode their earnings. A...