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The Latest Breaking News from SP Global Mobility

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

Cars, trucks and SUVs in the U.S. keep getting older

The Independent UK

The Tesla Cybertruck Beat The Rivian R1T In U.S. Registrations

The Ford F-150 Lightning was still the top pick in March, though.

InsideEVs

Tesla Sales Declines Put U.S. EV Registrations Into The Red For First Time Since 2020

Without Tesla, which is the biggest player by far in the EV game, the numbers actually went up compared to last year. But can you have a modern EV industry without Tesla?

InsideEVs

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U.S. EV Registrations Accounted For 7.8% Of The Car Market In January 2024

In January, new EV registrations in the U.S. amounted to 89,042 new registrations (up 15% year-over-year), accounting for 7.8% of the market.

InsideEVs

U.S. EV Registrations Accounted For 7.7% Of The Car Market In 2023

In 2023, all-electric car registrations in the United States exceeded 1.1 million units for the very first time. The market share is estimated at 7.7%.

InsideEVs

U.S. Car Dealers Vow To 'Take On' EPA Rules Leading To More EVs

National Automobile Dealers Association chairman: "The team is working tirelessly to curb the implementation of the flawed and unachievable standards."

InsideEVs

NIO vs. STLA - Analyzing Buy Potential

Ongoing trends in electrification, advanced connectivity, safety features, and strong consumer demand are contributing significantly to the auto industry's growth and recovery. Given these developments, which of the two auto stocks, NIO Inc. (NIO) or Stellantis N.V. (STLA), has the potential to yield higher profits in this improving market? Read…

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88.3 Million Cars Forecasted To Be Sold Globally In 2024

The share of electric vehicles is expected to further grow, according to a new analysis by S&P Global Mobility.

Motor1

Pricing Is Still The Biggest Barrier For EV Buyers, Study Reveals

Almost half of all respondents to the survey listed affordability as the main concern when considering a new EV, followed by worries about charging and range anxiety.

InsideEVs

Tesla Had The Auto Industry's Highest Repeat Buyer Rate In H1 2023

The Tesla Model 3 stood out as the clear leader with more than 74 percent of its returning consumers remaining loyal to the brand – usually by buying a Model Y.

InsideEVs

Tesla Cybertruck To Boost Brand's Loyalty Rate Further: Analyst

The upcoming Tesla Cybertruck and other future products are seen as "vital to keeping Tesla fans within the brand" by S&P Global Mobility analyst Kent Chiu.

InsideEVs

Consumers Willing To Adopt Some In-Car Subscriptions According To Survey

Most consumers are interested in premium features that add value or options with a free trial period.

Motor1

Delinquent Auto Loans In US Are Higher Now Than In The Great Recession

Auto loan delinquency reached record highs in Q1 2023, with the increase primarily coming from the subprime tier.

Motor1

San Francisco Sets US Record For Electrified Vehicle Uptake

New-vehicle buyers in the San Francisco area are younger and wealthier than the average in other major US metropolitan areas

InsideEVs

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Kiplinger

With Car Prices Soaring, Americans Set Record for Driving Older Vehicles

Surging car prices and high interest rates are forcing more and more Americans to delay new vehicle purchases.

Motor1

Average Age Of Cars On US Roads Keeps Rising To Record Levels

2023 is the sixth consecutive year of increase in the average vehicle age of the US fleet.

Axios

Tesla's dominance fades as EV adoption grows

As the overall EV pie grows, Tesla's market share continues to shrink.

InsideEVs

Elon Musk's New Master Plan: Not About A Tesla EV, About Sustainability

Musk's original goal was for Tesla to accelerate the transition to sustainability. Now that Tesla achieve most of its goals, it's time to get back to its roots.

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InsideEVs

Tesla Tops Ford For US Brand Loyalty For First Time

Tesla not only earned the award for top loyalty by "Make," but also several other awards, including individual awards for the Model 3 and Model Y.

InsideEVs

Tesla Takes Customers From Rivals While Industry Struggles At Retention

Folks are actively leaving certain automotive brands and may never return. Called "Nomads," they tend to chase new trends, and many stick with Tesla.

InsideEVs

Public EV Charging Stations Must Quadruple In US By 2025: Report

Most people charge their EVs at home most of the time, but the lack of a robust public charging network in most areas of the US will only slow adoption.

Motor1

Pickup Truck Segment In US Is Losing Market Share To SUVs: Study

The truck segment's market share is now at its lowest since almost a decade ago.

InsideEVs

Volkswagen, Sony/Honda EV, Benz And Charging: Top EV News Jan 13, 2023

VW is reaching EV delivery milestones and the Sony/Honda EV is coming, but we are facing a charging infrastructure shortage. Perhaps Mercedes can help.

WEKU

Tesla's stock lost over $700 billion in value. Elon Musk's Twitter deal didn't help

The transformational automaker's market cap has dropped by a staggering amount over the past year. Blame new competition, sales that fell short of a lofty target — and a distracted CEO.

The Independent UK

EXPLAINER: 2023 tax credits for EVs will boost their appeal

Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle

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