The EV manufacturer of the Ocean SUV had brought the vehicle twice as fast as expected but has experienced various market and macroeconomic headwinds.
Posts published in “OEM News”
Sales increases in May were driven in part by sales of more affordable car and CUV models.
Only 18% of U.S. adults say they would be “very likely” or “likely” to buy a new or used EV (not a hybrid)—down from 23% last year.
If you purchased or leased a certain 2011-2022 model year Kia vehicle that was not equipped with an engine immobilizer, you might benefit from this…
Nobody knows if these technologies — the partial automation available to consumers or the driverless vehicle fleets deployed on a more limited basis — are safe.
May new vehicle sales are expected to be up moderately from both the year-ago and month-prior result, but market seems to lack any sustained momentum.
Within 10 years, most vehicle shoppers—looking at both new and used vehicles—will be actively considering an electric vehicle.
