As electric vehicles (EVs) continue to reshape the automotive landscape, VW Financial Services CEO has emphasized that car leasing will remain a key choice for consumers, even as the industry transitions from internal combustion engines (ICE) to electric mobility. The insights reflect broader trends in vehicle financing and the growing appeal of flexible ownership models. … Read more
Electric vehicles (EVs) are known for being clean, quiet, and emission-free, so noticing a gasoline smell inside or around your EV can be alarming. While EVs don’t use gasoline, there are several potential explanations for this unusual odor. Understanding the causes can help keep your EV safe and maintain its performance. Common Reasons an EV … Read more
In a recent guest column, industry experts criticized the European Union’s proposed adjustments to the 2035 zero-emission vehicle target, calling them “creative regulatory tricks.” The commentary highlights concerns over how policymakers are balancing ambitious environmental goals with practical market realities. Background: The EU 2035 Zero-Emission Target The EU has set a bold plan requiring that … Read more
Leapmotor, the Chinese electric vehicle (EV) manufacturer partnered with Stellantis, is aiming to expand its presence in Europe by offering lower-cost EVs with diverse powertrain options. The strategy is designed to capture market share in a highly competitive region dominated by Tesla, Volkswagen, and other established EV brands. Leapmotor’s European Strategy Leapmotor plans to leverage … Read more
Alfa Romeo, the iconic Italian automaker, finds itself in a holding pattern following the company’s decision to scrap its EV-only strategy. This pivot reflects the challenges traditional automakers face as they balance electrification goals, market demand, and brand heritage. Background: Alfa Romeo’s EV Ambitions Earlier, Alfa Romeo had announced plans to transition to a fully … Read more
BMW has reported that orders for its Neue Klasse iX3 electric SUV have surpassed initial expectations, signaling strong consumer interest in the company’s latest electric vehicle offerings. The news reflects the growing demand for premium EVs and BMW’s continued push to strengthen its position in the competitive electric vehicle market. Neue Klasse iX3: BMW’s Electric … Read more
Volvo Cars is taking a bold step to ease the transition for electric vehicle (EV) buyers by offering one year of free home charging for customers ahead of the launch of its highly anticipated EX60 electric SUV. The move is part of Volvo’s strategy to enhance EV adoption, improve customer experience, and strengthen its position … Read more
Stellantis-backed Leapmotor is set to expand its presence in Europe with the production of the B10 electric SUV, positioning it as a strong competitor to popular models like the Volkswagen ID.4 and Skoda Elroq. This strategic move marks Leapmotor’s ambitious entry into the European electric vehicle (EV) market, which is witnessing rapid growth and heightened … Read more
Norway, widely recognized as a global leader in electric vehicle (EV) adoption, is considering a proposal to expand EV taxation to include mass-market Tesla models. The potential policy change comes as the government aims to balance sustainable transportation goals with revenue needs and market fairness. The Proposed EV Tax Expansion Currently, Norway offers substantial incentives … Read more
As automotive markets face rising affordability challenges and increasing competition for customer loyalty, industry analyst LGM has urged dealers and automotive brands to rethink their used vehicle strategies and focus more on Certified Pre-Owned (CPO) programs. This approach, experts say, can help improve customer retention while navigating a constrained economic environment. The Changing Automotive Landscape … Read more