Electric cars could cost the same as gas-powered ones as soon as 2025 — so long as you buy small

Tech Insider
The Ram 1500 REV electric pickup truck.
Americans love SUVs and pickup trucks. That means they might not see less expensive EV options until the 2030s.

Ram

Jeep-maker Stellantis is offering buyouts to some of its most senior employees — and blaming it on EVs

Tech Insider
An employee at FCA’s Toledo North Assembly Plant works on the 2021 Jeep Wrangler 4xe.
Jeep-maker Stellantis is offering buyouts to thousands of employees.

Stellantis

China doesn't want American cars anymore — that's bad news for Ford and GM

Tech Insider
Photo collage of BYD Yuan and Buick Encore Avenir
There aren't currently any Chinese car brands for sale in the US, but there is concern they could eventually make a play to upend the US market.

Sjoerd van der Wal / Getty Images, Buick; Arif Qazi / Insider

Maserati is reviving the iconic GranTurismo as a $174,000 beast that'll come in both electric and gas-powered models — see inside

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Maserati
Maserati is reintroducing its GranTurismo with the Modena, Trofeo, and Folgore versions.

Maserati

The EV revolution has never felt farther away

Tech Insider
EV chassis held by robot arms on a yellow background with various images of EV manufacturing collaged
The industry won't turn back on its electric-vehicle ambitions now, but the shift isn't happening at full-speed.

GM; Rivian; Ford; Marianne Ayala/Insider

Tesla and other automakers are giving hefty discounts to make up for shrinking EV tax credits

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2023 GM Cadillac Lyriq start of production
GM expects the Cadillac Lyriq to qualify for tax credits, but other EVs might not, and automakers will have to take action to remain competitive.

JD Adams for General Motors

Don't but an EV — lease one instead. Here's why.

Tech Insider
The Tesla Model Y electric SUV.
EV leasing overall took a tumble in 2022 — but leasing may still be the better way to go if you're considering going electric.

Tim Levin/Insider

Automakers are using a legal loophole to get customers an extra $7,500 tax credit — and business is booming

Tech Insider
Lucid Air Grand Touring
Lucid is one of the companies that has offered customers a monthly savings if they lease one of their EVs.

Lucid

Tesla stock 'gets boring' as the market drills into the EV's company metrics and treats it more like a traditional automaker, investment research firm says

Tech Insider
Tesla CEO Elon Musk steps out of the new Tesla Model X during an event to launch the company's new crossover SUV on September 29, 2015 in Fremont, California.
Tesla CEO Elon Musk steps out of a Tesla Model X in 2015.

Justin Sullivan/Getty Images

Car buyers rejoice: Discounts are making a comeback — but you might have to ask for them

Tech Insider
car dealership
Car-buying incentives are slowly creeping up, with discounts now at around $1,297, about 1% higher than the same time in 2022.

Reuters

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