The resale value of electric cars will soon match their diesel counterparts, making them a more attractive proposition, experts have claimed. Glass's – a second-hand car valuator – said that the resale values of electric vehicles would continue to As the electric vehicle segment is gaining traction in the global automotive market, many large corporations are jumping on the electric vehicle bandwagon. Even Cupertino-based Apple Inc. (NASDAQ:AAPL) is reportedly working on an electric car as part of a The company also competes in the Formula E racing series for electric-only vehicles. Recently Branson said “you never know” when asked about the odds of Virgin’s entry into EV passenger cars. The genesis of the Virgin-builds-EVs story is based on BMW may be working with Apple on the in-car operating system for the BMW i3, according to German auto magazine The Auto Motor and Sport (via Pocket-Lint). The report says BMW had been holding "regular talks" with the iPhone maker about "topics like TAIPEI (Reuters) - Taiwan's Hon Hai Precision Industry Co Ltd on Monday said it has partnered Chinese social networker Tencent Holdings Ltd to develop opportunities related to electric vehicles, marking the latest tech foray into "smart" cars. Hon Hai Electric vehicles give off significantly less heat that gas-powered ones—so much that the difference could mitigate the urban heat island effect—the phenomenon that helps turn cities like Beijing into pressure cookers in warmer months. Researchers say .
Mercedes Benz's electric cars are provided for car sharing as part of a smart city project at Kashiwanoha in Kashiwa city, suburban Tokyo on July 7, 2014. YOSHIKAZU TSUNO/AFP/Getty Images Electric vehicles are attractive as a way to reduce greenhouse gas Absent from the lineup will be a new version of the Spark EV electric car. The current version will likely continue in production for about 18 months, and then be replaced by a production version of the Bolt concept from January's Detroit Auto Show. The province is reviving its electrical vehicle incentive program, Minister of Energy and Mines announced Monday, which will offer subsidies of up to $5,000 to buyers of battery-powered or plug-in hybrid cars. The subsidy climbs to $6,000 for the purchase Saturday, March 21, 2015: Billionaire entrepreneur Richard Branson's Virgin Group is likely to take on Tesla Motors Inc. as well as other companies in developing electric cars, as reported by Bloomberg. Branson's reach ranges across airlies, music stores .
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