Reading Time: 4 minutes Tesla stock is currently trading at 21 times the value of Ford stock. That’s a huge statement considering the F-150 is the best-selling vehicle in the U.S. Why is Tesla valued so highly? Drive one and you’ll get an idea.
Reading Time: 3 minutes Most potential EV owners only look at the reduced cost of electricity versus gasoline, but the benefits here go much further than just cost savings.
Reading Time: 3 minutes We tend to pay for fuel in little bits — $20 here and there to top off the tank or $60 to fill it for the week — so it’s easy to forget that most Americans spend a lot on fuel every year. In fact, the average American household spent just under $2,000 on fuel in 2017, which works out to be 2.4 percent of their income.
Reading Time: 3 minutes Despite relatively low demand, certain consumers turn to electric and hybrid vehicles in order to help them cut down on fuel costs, or because the greener option aligns with their values.
Reading Time: 2 minutes There’s a puzzling, yet frequent stalemate that occurs between car buyers and car dealers when it comes to sales of fuel-efficient vehicles.
Reading Time: 3 minutes Keeping a car in a metropolitan area is not for the faint of heart. Roads can be more congested, traffic patterns can be more complex, and your fellow drivers can be more daring.
Reading Time: 4 minutes Despite hybrids hitting the roads 20 years ago, and decent EVs debuting around 10 years back, potential buyers usually cite battery replacement concerns as the main reason to avoid a hybrid or EV.
Reading Time: 3 minutes In recent years, governments and automakers have been busy trying to develop and deliver new cars to consumers that will minimize their impact on our planet’s climate and environment at large.