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The range of the average battery-electric family crossover has increased to nearly 400 miles on a single charge, after years of continued incremental improvements in lithium-based batteries, combined with extreme weight savings from lightweight materials, a new generation of superefficient electric motors, and advances in automated driving that reduce energy waste. The new generation of fast chargers enables vehicles with depleted battery packs to be 80 percent recharged in the time it takes to down a cup of Tim Horton's coffee and doughnut, about five minutes. Even exotic sport...
Heading into the final 2 months of the year, we’ve got some records on the line for the U.S. automotive industry. Japanese automakers are battling for the titles of America’s best selling cars and crossovers, and the overall industry could record a third straight 17 million-unit year for the first time ever. The overall industry this year has shown some restraint on incentives, but spending has steadily increased amid leveling average transaction prices. Expect incentive spending for the year to be up 11 percent through October to an average of $3,624 per vehicle, includi...
If you want the growth of electric sales to happen, you need to provide customers with reliable public charging infrastructure. Today in the U.S. there are only 16,457 EV charging stations, with 44,999 outlets in operation, mostly on the coasts, but also including Tesla's network of Superchargers along major intercity corridors and other superfast charging stations. The presence and visibility of these stations should help build confidence among consumers thinking about buying battery EVs that they will be able to charge wherever they want. But once people live with an EV, they often ...
The second best month of 2017 for U.S. new-vehicle sales goes for October, thanks to the surging demand in states recovering from hurricane damage, though volume is projected to fall slightly from the same month last year. Forecasts call for a 2 to 4 percent decline in industry sales this month. They estimate the seasonally adjusted, annualized selling rate will be 17.6 million to 17.9 million. While that's a drop-off from September's rate of 18.6 million -- which was the sixth-highest ever -- it would be well above the industry's sales pace in the first half of the year...
Surely, not any of us can afford buying a new car, there are many cases when we don’t even want one and opt for a used one. Gently used vehicles are an appealing alternative, and not the worst one. But while cars that plug in take only a small share of new-vehicle purchases today—about 1 percent—they're apparently very popular once they're used. In fact, electric and plug-in cars dominate the top 10 fastest-selling used vehicles. Six of the top 10 vehicles boast some sort of electrification, and two of those are purely electric. The fastest-selling used car...
