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2026 will be the ‘year of the used EV,’ analyst says. Here’s why

Sagar10 months ago05 mins

Charging an electric vehicle. Tashdique Mehtaj Ahmed | Moment | Getty Images The price of used electric vehicles has come down to levels comparable with gasoline cars, a dynamic poised to boost their popularity despite the loss of a federal tax incentive for EVs, according to auto analysts. In August, the price premium for used…

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  • Business

VW, BMW and Renault take the fight to Chinese rivals

Sagar11 months ago04 mins

The logo of German car maker Mercedes-Benz is seen as a person stands in front of the company’s booth before the opening of the International Motor Show IAA on September 7, 2025, in Munich, southern Germany. Tobias Schwarz | Afp | Getty Images Europe’s embattled auto giants are embarking on a product blitz, seeking to…

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  • Business

Tesla Europe sales plunge 40%, Chinese EV rival BYD up 225%

Sagar11 months ago03 mins

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Sales of Tesla cars in Europe plunged in July, in the company’s seventh consecutive month of declines, while Chinese rival BYD saw…

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  • Business

China’s electric vehicle juggernaut is reshaping the car market

Sagar11 months ago06 mins

Workers from Chinese electric vehicle (EV) company NIO inspect vehicles in the final quality control area on the automated production line at the companys manufacturing hub on January 17, 2025 in Hefei, China. Kevin Frayer | Getty Images News | Getty Images The speed and scale of China’s electric vehicle revolution has caught the world…

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  • Business

Tesla loses market share in Europe for sixth straight month

Sagar1 year ago03 mins

Tesla car is seen in Krakow, Poland on June 11, 2025. Nurphoto | Nurphoto | Getty Images U.S. electric vehicle maker Tesla lost market share in Europe for the sixth straight month in June, according to the European Automobile Manufacturers Association, or ACEA, amid a broader regional dip in new car sales. Data published Thursday…

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U.S.-Japan trade deal raises hopes of an EU tariff breakthrough

Sagar1 year ago03 mins

Vehicles are assembled on a line at the BMW plant in Leipzig. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s top carmakers rose on Wednesday after the U.S. and Japan’s blockbuster trade agreement raised hopes of a tariff breakthrough for other major exporters. In a post on social media platform Truth Social,…

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