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Top 10 Electric Car Myths, Busted By Sami Haj-Assaad
Electric vehicles (EVs) have seen vast improvements over the years, mitigating many of the concerns shoppers have had about them in the process. Worries about range, reliability, charging infrastructure, and even production have been addressed in some way, with few reasons remaining to keep an EV off your consideration list. Still not convinced? We’re here to help debunk some myths around these all-electric rides.
1 – EVs don’t have enough rangeWhen EVs first hit the mainstream market, their range was a concern since they had small batteries and there weren’t many places to charge them. These two factors have changed significantly, and only a few pure EVs deliver less than 200 km [...]
- 15/07/2020
- Automakers
- Posted by AUCTIONCARS SALES
- No comments yet
In a Voluntary Safety Self-Assessment (VSSA) report filed with the U.S. National Highway Traffic Safety Administration (NHTSA), BMW said it plans to introduce what could become the first system on U.S. roads to qualify as “Level 3” conditional automation by SAE’s standards. By way of review, SAE Level 3 involves automated driving rather than driver support features (Levels 0, 1, and 2). Level 4 means that the system controls all aspects of the driving tasks, including when a driver doesn’t respond appropriately to requests to intervene, while Level 5 is entirely autonomous.
BMW’s system is coming with its iNext EV, an all-new, all-electric production vehicle arriving possibly as early as 2021 (Fig. 1). The iNext will feature the automaker’s 5th-generation eDrive system, which is reported to offer up to 530 hp [...]
Tesla reports $312 million profit in Q3 as Model 3 deliveries surge
UPDATED: 10/24/18 9:55 pm ET - adds Musk remarkTesla reported net income of $312 million for the third quarter, its first GAAP profit in two years, as revenue doubled amid rising production of the Model 3 sedan.
The company posted a net loss of $619.4 million in the same quarter last year and a net loss of $717.5 million in the second quarter this year, the company said Wednesday.
Record deliveries of the company’s Model 3 sedan at gross margins of nearly 20 percent drove free cash flow to $881 million, and the company ended the quarter with $3 billion in cash on hand. Automotive revenue nearly doubled to $6.1 billion from $3.36 billion in the second quarter; it was $2.4 billion in the same quarter last year. Tesla also bolstered its positive results with $52 million from sales of regulatory tax credits and $23 million in other income.
On the balance sheet, accounts payable increased by more than $566 million from the second [...]
Dodge Charger, F-250 popular with car theives
Auto thefts decline because of technology, but statistics conflictThe most theft-prone vehicle in America might be the Dodge Charger. Or it might be the Ford F-250 pickup truck.
Those are the contradictory conclusions of the National Highway Traffic Safety Administration and the insurance industry-funded Highway Loss Data Institute.
Still, the government agency and private group agree that the theft of late-model vehicles is on a rapid decline in the United States. One reason: automakers’ increasing use of ignition immobilizers, which stop thieves from hot-wiring cars. Nearly 90 percent of 2012 models are equipped with them.
In a report released on Monday, NHTSA said the car stolen most often during the 2011 calendar year was the Charger, with 4.8 thefts for every 1,000 cars produced in 2011. It was followed by the Mitsubishi Galant, Hyundai Accent, Chevrolet Impala and Chevrolet HHR among vehicles with more than 5,000 units produced that year.
Pickup trucks took the [...]