WASHINGTON, D.C . - While electric vehicles (EVs) are increasingly growing in popularity in recent years as concerns over global warming and the harm that gas-powered conveyances are doing to the environment, early adopters are finding that EVs – despite their cutting-edge tech and “green” sensibilities – have two fairly major and intertwined drawbacks: they’re currently … [Read more...] about Electric Vehicles Proving More Expensive to Insure Than Gas-Powered Counterparts
Falling Used Car Prices Offset by Steadily Rising Costs of Vehicle Loan Interest Rates
WEST PALM BEACH, FL - After months of skyrocketing used car prices spurred on by a shortage of new vehicles on the market due to COVID-19-related supply chain issues, prices are finally starting to show signs of falling in news that will be a relief to many prospective buyers; however, those lowering prices are unfortunately being offset by rising loan interest rates, … [Read more...] about Falling Used Car Prices Offset by Steadily Rising Costs of Vehicle Loan Interest Rates
Experts Weigh in on Possible Ramifications for Industry With Musk’s Twitter Purchase
SAN FRANCISCO, CA - As of last week, Tesla CEO Elon Musk is now the owner of Twitter, a highly-influential microblogging website, and experts are weighing in on the possible ramifications that development may have upon the automotive industry going forward. For example, it’s being pointed out that Musk now holds the reins of a social media platform that many of his … [Read more...] about Experts Weigh in on Possible Ramifications for Industry With Musk’s Twitter Purchase
European Union to Officially Ban All Newly-Built Gas-Powered Cars By 2035
EUROPE - The European Union on Thursday announced that it had reached a deal amongst its constituent nations that the sale of all newly-built cars that utilize gasoline-powered, internal combustion engines will be effectively banned by 2035 in an attempt to reduce carbon emissions, a move that experts are saying will change the face of transportation forever. Automakers will … [Read more...] about European Union to Officially Ban All Newly-Built Gas-Powered Cars By 2035
BUTTIGIEG: Hurdles Need to be Overcome as U.S. Adopts EVs, Autonomous Cars
WASHINGTON, D.C. - United States Secretary of Transportation Pete Buttigieg in a recent interview spoke on the country’s gradual – but rapidly increasing – pivot towards electric vehicles (EVs) and autonomous, self-driving cars and the aspects of the technology behind them that some Americans may be having trouble coming psychologically to grips with. More and more … [Read more...] about BUTTIGIEG: Hurdles Need to be Overcome as U.S. Adopts EVs, Autonomous Cars