Figures for May 2024 point to a wave of commercial EVs moving into remarketing channels while a rise in EVs coming into the used market lowers resale values.
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Evaluating the workload, usage, and total cost of ownership of vehicles across a fleet helps managers understand where to incorporate EVs for the best results.
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These fleet vehicle models were displayed and promoted at the annual GM Envolve Solutions Summit for fleet managers held April 24-25 in Las Vegas.
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Volkswagen stated that it experienced strong sales in Q1 in North America, with 27.5% growth, driven by its SUV segment.
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While some high-profile and popular electric vehicles posted sizable year-over-year price cuts in April, most EVs today are transacting for prices lower than one year ago by about 4-to-5%.
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Sharky Laguana of the American Car Rental Association will help shape EV-related policies with car rental and private ground transportation priorities in mind.
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The Q1 2024 decline in electric vehicle sales was the first quarter-over-quarter downturn since Q2 2020.
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CAR 2024: Unlike a combustion engine, an EVs long-term value is maintained daily, based on the unique charging habits and battery management of its owner.
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At 9.5% for 2023, EVs have reached their highest-ever sales penetration in the U.S. Yet an analysis by the Alliance for Automotive Innovation (AAI) shows the extreme disparity in the geographic distribution of EVs and charging infrastructure.
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The I-15 charging infrastructure will be suited to all electric fleets, including light- to medium-duty vehicles.
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