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There are no easy answers. Regardless of tax credits, in some cases buying a car can be the financially smart option, but in other cases leasing may be preferable. To estimate whether leasing makes economic sense, we recommend calculating the total cost of the lease and comparing it to the cost of the lease. Source: www.consumerreports.org
Jameson Dow reports via Electrek: In the latest phase of the Chevrolet Volt recall issue, GM is offering 2020-22 Volt owners an expected class-action lawsuit in exchange for installing diagnostic software. We are offering early payment of the $1,400 settlement. The company says it will detect whether the battery… Source: tech.slashdot.org
Despite an overall $150 increase in prices, it retains its title as America’s cheapest car. Pricing for the 2024 Nissan Versa starts at $16,130 destination. Add the $1,095 destination fee and you get $17,225 before options and fees. Starting with the dollar numbers, his 2024 Versa MSRP minus the $1,095 destination fee… Source: www.autoblog.com
Anonymous reader quotes Guardian report: The world must treat risks from artificial intelligence as seriously as the climate crisis and cannot afford to delay, one of the biggest names in the tech world warns did. The UK government spoke as it prepares to hold a summit on AI… Source: tech.slashdot.org
The world’s largest car auction features the latest technology in the industry. Manheim Pennsylvania, which bills itself as “the world’s largest wholesale auto auction,” has added three fixed image tunnels powered by Fyusion artificial intelligence technology. Source: www.autoremarketing.com
Teachers and schools can have a huge impact on students’ future careers. Car manufacturers are keenly aware of this as they seek talented, creative young people to build tomorrow’s motors. Polestar CEO Thomas Ingenrath said he was grateful for the work of German grammar school philosophy teacher Frau Zimas. Source: www.thisismoney.co.uk
The show itself was held at the same venue as the previous Tokyo Motor Show, but the atmosphere was slightly different, and it was the first show to include the word “mobility” in the title, making the reality of mobility welcoming, interesting, and approachable. It felt like that. The show highlights a variety of vehicle types. Source: www.autocar.co.uk
Source: shutterstock.com/Vitaliy Karimov For investors looking for new developments in the electric vehicle (EV) market, Volvo (OTCMKTS:VLVLY) could be one of the best stocks to buy. This Swedish automaker is known for producing reliable vehicles that last for years. now,… Source: investorplace.com
Volvo is expanding production capacity at its Ghent plant in Belgium to accommodate the EX30. The small electric crossover is expected to roll off the facility’s assembly line in 2025. Announced earlier this year, the Volvo EX30 is currently being produced in Zhangjiakou, China, with deliveries starting later this year. Source: www.autoevolution.com
As most major automakers prepare to incorporate Tesla’s charging ports into their vehicles, BP announced Thursday that it will buy the company’s ultra-fast chargers for its independent EV charging network for $100 million. What you need to know Oil and gas company BP plans to buy Tesla ultra-fast chargers for $100 million for growing BP Pulse EV charging network BP Read More