Subprime lender Midwest Acceptance launching used EV finance by January 2027
Subprime lender Midwest Acceptance is creating a used EV financing program in anticipation that more affordable, 3- to 5-year-old EVs ...
Tag: EV
Retail used-EVs days’ supply falls below overall market at 31.2 days
IRVING, Texas — Used-EV inventory is tighter than the supply of traditional gas vehicles as off-lease EVs and elevated gas ...
Used EV values rise 11.9% YoY in May as new EV market share drops
Rising demand for cheaper, off-lease EVs drove wholesale values higher and led dealers to push incentives on new EVs in May. With the expiration of the EV tax credit ...
Honda forecasts profit rebound after first ever annual loss
Honda Motor Co. forecast a rebound in operating profit for the current fiscal year, even after an ill-timed bet on ...
Rivian deliveries jump 20% YoY in Q1
Rivian Automotive’s deliveries jumped in the first quarter alongside rising software and services revenue, as the company begins production of ...
Ford’s top EV executive departs in sweeping reorganization
Ford Motor Co.’s top electric vehicle executive — whose arrival at the automaker was heralded as a “watershed moment” — ...
US charging networks race to keep up as gas prices boost EVs
US electric vehicle charging networks were still racing to catch up to demand when the Iran attack and surging gas ...
Uber to invest up to $1.25B in Rivian in robotaxi bet
Uber Technologies Inc. plans to invest as much as $1.25 billion in carmaker Rivian Automotive Inc. to help launch a ...
