When your customers cannot afford what you’re selling, you finance it. Literally, sell them the item, the interest, plus a bill of goods. This is Cadillac’s new business model for selling its soon-to-here array of electric vehicles, beginning next year with the 2023 (and $59,990 to start) Lyric. It’s a ride that not many can afford to buy, which […]
204 Blog Posts From the Electric Vehicle Tag
Millions of Electric Car Batteries Retiring by 2030, Could Be Ticking Time Bombs
By Lauren Fix, The Car Coach More than six million electric vehicle (EV) battery packs will end up as scrap between now and 2030, and the recycling and reuse industries are working hard to find a solution. Some researchers project that recycling alone will be an over a $12 billion industry by 2025. Every manufacturer […]
Is the Car Bubble about to Burst?
September 21, 2022 • 0 Comments • Auto Industry, CALIFORNIA, Electric Vehicle, INSURANCE, LEGISLATION
By Lauren Fix, The Car Coach Car buying is not what it used to be, as shoppers find bare lots and inflated prices. The auto market is still short on supply and high on demand. Beyond the chip shortage there are shortages in tires, wiring harnesses, and plastic components. Government regulations are not helpful either. […]
The Non-Replacement for Displacement
Tesla thinks it has the replacement for displacement for the V8 engine in your classic car, truck or project car. It is a “turnkey” (if electric cars had keys) electric motor that supposedly bolts directly in place of a factory V8 engine and transmission, tying into the existing driveshaft and rear axle. It even has the general […]
New California Bill Will Pay Residents $1,000 for Not Owning a Car – This makes NO Cents
September 11, 2022 • 0 Comments • CALIFORNIA, Electric Vehicle, Fuel, LEGISLATION, Mass Transit, Traffic Congestion
By Lauren Fix, The Car Coach A new California bill will pay residents $1,000 for NOT owning a car. SB457 has been proposed as a way to reduce traffic congestion and save the state money. While the bill may sound like a great idea on the surface, there are some serious concerns about it. For […]
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