The Four Major Challenges Facing the EV Industry, according to experts

Team TIS 02/26/24

As the electric vehicle (EV) industry propels towards a sustainable future, it encounters significant challenges. Let’s explore the four major hurdles currently facing the EV sector. Charging Infrastructure: The widespread adoption of electric vehicles hinges on a robust and accessible charging infrastructure. While progress has been substantial, the development of charging stations lacks uniformity globally….

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What cars are losing value fast? This is what you need to know!

Team TIS 01/22/24

The list of cars losing more value in US included electric cars, as well as popular and well-known brands. This list could be key if you are thinking of selling your car in 2024. Why do cars lose value? The make and model, age, condition, mileage, ownership history, and even color of the vehicle can…

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Why is Hertz selling Teslas for the lowest price ever?

Blake Bijari 01/12/24

Hertz announced the sale of at least 20,000 electric vehicles. The move is a mayor’s turn on the rental car company that pushed EV’s rental lately. The massive sale includes a hundred Teslas. “Collision and damage repairs on an EV can often run about twice that associated with a comparable combustion engine vehicle,†Hertz CEO…

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Toyota/Lexus Aims for 2025 to be the Year of the EV

Blake Bijari 01/09/24

If you’ve been keeping up with Trade-In Solutions‘ blog, you’ll notice our keen interest in automotive news, particularly the exciting developments in electric vehicles and the industry’s transition towards full electrification. Toyota and Lexus stand out as prime examples in this electrifying shift. Toyota/Lexus, known for pioneering technological advancements, plans to offer fully electric versions…

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