Electric cars are losing more than half their value within two years, according to a new report. Analysis by Cox Automotive has suggested that a 24-month-old battery car sold to the trade in April ...

Transport Minister Marc Garneau is considering expanding the government’s $300-million rebate program for people who buy electric vehicles after half the funds were claimed in just eight months.

According to Transport Canada, overall electric vehicle sales jumped 32 per cent after the rebates were launched, compared to the same period the year before. In 2019, electric cars made up three ...

Teslas are flowing into Norway, the California-based company’s fourth-biggest market worldwide, as it steps up deliveries of the Model 3, a car designed to be more affordable than previous models.

But they’re also dramatically expanding choice. In the US, where Chinese cars are effectively banned, drivers could choose from 24 new electric car models launched last year.

Running electric vehicles is already almost as cheap as petrol models. (Alamy) “Our 2025 Car Cost Index shows that when you look at the full picture – including everything from fuel and maintenance to ...

Used electric cars lose half their value in two years - and experts are blaming car makers Car makers lost £4bn in 2024 slashing new EV prices in order to hit sales targets By ROB HULL, MOTORING ...