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Jul 19, 2024 - Pieces of broken Vineyard Wind turbine blade continue to fall into ocean

Jul 18, 2024 - Why S. Korea`s nuclear power reactors are finally getting global recognition

Jul 17, 2024 - Groundbreaking for NY`s largest offshore wind farm

Jul 16, 2024 - World`s First Dual Tower Concentrated Solar Power Plant Starts Commissioning

Jul 14, 2024 - America`s grid battery revolution

Jul 13, 2024 - Why EV Leases Are So Cheap Right Now In The U.S.

Jul 12, 2024 - How we can make solar power at night
Trending Now: Solar, Wind, Grid

Jul 13, 2024 - Why EV Leases Are So Cheap Right Now In The U.S.



Automakers are offering steep discounts on electric vehicles, and especially on leases. In the first three months of 2024, less than a quarter of car buyers leased vehicles, but more than a third of EV buyers did. By May, nearly 70% of customers getting EVs through dealerships were leased. But EV leasing is problematic for carmakers. While the discounts suggest automakers could be offsetting losses in their EV businesses, the resale values are especially low for them.