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Search resuls for: "PATRICK ANDERSON"


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☆ You don't need an electric vehicle with a long range — buy one you can afford instead
  + stars: | 2023-02-02 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +4 min
Many prospective electric car buyers worry about an EV's range, or how far it goes on a charge. But with new battery tech and more available charging, range shouldn't be a prime factor. But some experts say that in picking the right electric car, that last question of range is becoming less important — and less helpful. That's because in reality, most drivers don't need long-range EVs. "You don't need batteries that go 800 miles when it's convenient and easy and quick to recharge every 300 miles.
☆ New electric cars come with a built-in mystery: Nobody can predict their resale value
  + stars: | 2023-01-24 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +5 min
But it's hard to say exactly how a used EV depreciates without much historical data. There are many things to consider when evaluating a used EV. Nobody knows how much a used EV is worthThe way that used luxury and non-luxury gas-powered vehicles depreciate might not necessarily apply to used electric cars because of several caveats, according to Edmunds analysts. What data we do have on used EV sale prices may not apply to the cars coming out now. There isn't much used EV data available to know how an EV might depreciate.
☆ 5 questions to ask before buying your first electric car
  + stars: | 2023-01-20 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +7 min
Today's electric car buyers have a lot of questions. Potential EV drivers have plenty of questions, and there's plenty you need to know before buying an electric car. Regardless, here are some tips on what to ask your dealer or sales advisor if you're considering buying an EV. It's important for car-buyers considering an EV to ask about how it fits into an average driver's lifestyle. But given how much this market depends on improvements in battery tech, dealers should still be ready to talk about what separates their EV's battery from competitors.
☆ Here's how the freight rail strike could affect you
  + stars: | 2022-09-14 | by ( Chris Isidore | Vanessa Yurkevich | Cnn Business | ) edition.cnn.com   time to read: +10 min
New York (CNN Business) The US economy can keep running without freight trains — but not for long. But a rail strike could send prices shooting higher again due to limited supplies. The National Retail Federation said last week it is concerned about shortages later this year if there is a rail strike. A rail strike would "devastate the movement of manufactured products that families depend on." CommutingAlthough only the nation's freight rail lines face a pending strike, many of the nation's commuter trains travel on tracks maintained and operated by the freight railroads.
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