Maserati reveals US-bound luxury electric convertible

[ad_1] The Maserati GranTurismo Folgore is getting a convertible sibling that will create a new EV market niche in the U.S. Unveiled Monday, the Maserati GranCabrio Folgore is scheduled to arrive in the U.S. in the fourth quarter, as a

China now makes enough batteries for global EV production

[ad_1] China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but

Half of 2024 EVs have lower 5-year ownership cost vs. ICE

[ad_1] Many EVs have a lower five-year cost of ownership than comparable gasoline models, according an annual roundup from Vincentric, a source for ownership cost calculations for websites and automakers.  Vincentric’s analysis covers eight factors: depreciation, fees and taxes, financing,