Expert lays out why last year was a 'perfect storm' to slow down EVs — and explains 3 reasons China is winning the race for electrification

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China electric car
A Chinese automaker recently overtook Tesla as the top EV seller in the world.

REUTERS/China Daily

Ford cuts electric F-150 Lightning truck production — again

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Ford F-150 Lightning
The Ford F-150 Lightning

Ford

Americans bought a record number of EVs last year. These were the 10 most popular electric models.

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electric cars charging
Electric cars charge in a parking garage at the University of California, Irvine, in 2015.

Lucy Nicholson/Reuters

Chinese EV automaker BYD will spend $14 billion developing smart car features that rival Tesla

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BYD Denxa
Smart car features such as "Navigation on Autopilot" are already available on BYD's Denza N7 EV.

picture alliance/Getty Images

Hertz dumping 20,000 EVs is a warning to electric-car owners everywhere

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Tom Brady Hertz commercial
Tom Brady starred in a Hertz commercial when the car-rental company announced its massive EV investment.

YouTube/Hertz

Hertz is ditching 20,000 electric cars, citing expensive repairs. Here's how much it can cost to service an EV.

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Manager using digital tablet while talking to mechanics in auto repair shop
Tesla advertises its cars as "eliminating the need for service" but there are some nuances in repairing and maintaining an EV.

skynesher/Getty Images

I rented an EV from Hertz. I'm not surprised they're dumping 20,000 electric cars.

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Tesla Model 3 at a charger
One of my many stops at Tesla Superchargers during my five-day rental

Nora Naughton

Hertz says it's selling 20,000 EVs, in part because they're too expensive to repair

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hertz
Hertz is walking back some of its ambitions for electric vehicles.

Cindy Ord/Getty Images

China's property market is failing. These are the 3 new growth areas Beijing is focusing on to pull itself out of a tailspin.

Tech Insider : Economy
China's President Xi Jinping
China's President Xi Jinping

Lintao Zhang

EVs are depreciating faster than gas cars. Here's how the oldest models like Tesla are faring.

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The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019
Tesla

JOHN THYS / Getty

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