Top

Ranking the Top 10 Electric Vehicle Stocks Heading Into Q2 2022

By Betty C. Morrow 3 months ago

The electric vehicle market is growing rapidly, with several electric cars being released in the past few years. In this article, we will be looking at some of the top electric vehicle stocks and how they rank against each other.

Electric vehicles are not just for greenies anymore. They have become a viable option for anyone who wants to drive their car and save money on gas.

The automotive industry has been changing for decades now, with innovations coming out every year. The last decade has seen an unprecedented shift in how the automotive industry works, with many companies moving towards electrification and mobility solutions that are more sustainable.

However, in recent months, electric vehicle stocks have taken a battering. It makes sense. The broader markets have been in disarray since the start of the year. The Federal Reserve wants to bring inflation down with more interest rate increases.

… Read More

World Car Awards 2022 ‘Top Three’ finalists revealed

By Betty C. Morrow 3 months ago

The 2022 World Car of the Year will again be a pure electric vehicle as the top three finalists for the prized gong are revealed.



2022 World Car Awards LA test drives


© Provided by Motoring Research
2022 World Car Awards LA test drives

The Ford Mustang Mach-e, Hyundai Ioniq 5 and Kia EV6 have come out on top of a 10-car group of finalists and will now battle for the top prize to be presented in New York next month.

The winner will follow on from the 2021 victor, the Volkswagen ID.4 – continuing the reign of EVs in the World Car of the Year category.

Another electric car, the Jaguar I-Pace, scooped the top prize in 2019.

The 2022 winner will be announced at this year’s New York International Auto Show on Wednesday 13 April.

2022 World Car Awards finalists

Finalists for the 2022 awards in five other categories have been announced too.

For

… Read More

As prices top $4 a gallon, should you consider an electric vehicle? One consideration: They’re more expensive to insure and repair. Here’s why.

By Betty C. Morrow 4 months ago

Not only are electric-vehicle sticker prices higher on average than comparable cars and SUVs with traditional internal-combustion engines (ICE), the cost to insure an EV outruns its gasoline-guzzling cousins.

Is that because it’s challenging a 100-year-old auto market, and an even older insurance industry with specialized technology? Or because it’s the Roadster, whose speedometer tops out at 250 miles per hour?

The answer is, well, both.

That’s because insurance premiums are built on damage and repair histories, which for EVs is small, yet expanding. EVs are, in many ways, more simply built, with less components, than traditional cars.

But the experts allocated to fix them are still getting up to speed. And parts —semiconductor chips, for starters — can be hard to source, or are subject to trade conditions, even before COVID-19 supply-chain issues disrupted the flow of goods.

“There’s a lack of data or experience with insuring and

… Read More

Bidding hit $3.6M for first edition 2023 Corvette Z06 at Barrett-Jackson auction Saturday. See other top sellers, too

By Betty C. Morrow 5 months ago

The first 2023 Corvette Z06 70th anniversary edition to roll off the retail production line went for $3.6 million on Saturday at Barrett-Jackson.

The weekends are always big for the annual auction in Scottsdale, but the chance to own the first 70th-anniversary edition of America’s sports car was sure to draw crowds. And have bidders reaching deep into their pockets for VIN 001.

The corvette was auctioned for charity, with all the proceeds benefitting Operation Homefront. Another $100,000 was donated to the cause, taking the total raised to $3.7 million for the charity that supports military families.

Rapper and singer Pitbull auctioned a car for charity. His 2022 Karma GS-6 went for $500,000 to benefit the SLAM Foundation and Selfless Love Foundation, two charities that help underserved youth. Plus, another $200,000 was donated to the charities.

Saturday’s top non-charity sale was a 2004 Porsche Carrera GT that went for $1.98

… Read More