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Following the updated Creta, Hyundai’s next big launch this year will be the Alcazar facelift. The SUV has been spied testing on our roads before, and although we reported its launch is slated for some time in mid-2024, Autocar India now understands that the launch has been delayed by a few months, which means the Alcazar facelift is now expected to arrive by September-October 2024.
Costco is once again offering deals on EVs and plug-in hybrids for its members.
Recently the Chinese Ministry of Commerce, Ministry of Finance and 7 other departments jointly issued a new round of subsidies to boost the car market this year. Announced as the “Implementation Rules for Car Trade-in-Subsidy” it offers a subsidy of up 10,000 yuan (1,400 USD) for buyers who trade-in older cars for new ones before the end of the year. A number of brands have joined in by offering additional incentives for trade-ins.
If you’re reading this, you’re more than likely not the owner of an electric car.
Honda on Thursday announced plans to push its EV supply chain into Canada, in a move that it said recognizes «the long-term attractiveness of the Canadian EV manufacturing ecosystem.”
Despite increased competition in the space, the Tesla Model Y is still one of the best EVs out there. It has access to the best charging network, plus it offers among the best software experiences, as well as a solid range, especially in the longer-range models. And the Model Y is now down to its lowest price yet, meaning that if you were considering getting one, now is probably the time to buy.
Major shipping companies such as UPS and FedEx have been touting plans to electrify their fleets for years, but their PR-friendly EV transition is quickly losing steam. Battery shortages across the auto industry are raising the cost of EV delivery vans and slowing down adoption among the largest commercial fleets. These shortages have created a bottleneck in EV step van supply, which in turn has lowered demand from big shippers like UPS and FedEx, who claim the EVs are cost prohibitive.
EV sales are likely to continue growing in 2024, reaching around one in five new car sales globally, and 11% of the U.S. market, according to the International Energy Agency (IEA).