skip to main content
skip to newscasts

Friday, May 24, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

FGCU launches free workshops to foster equity, retain workers; Supreme Court throws out race claim in SC redistricting case in win for GOP; as millions hit the roads, MI lawmakers consider extra driving fees; CT groups prepare for World Fish Migration Day.

view newscast page
play newscast audioPlay

U.S. Supreme Court allows South Carolina gerrymander that dilutes Black voters, Sen. Ted Cruz refuses to say if he'll accept 2024 election results, and Trump calls Mar-a-Lago search an attempt to have him assassinated.

view newscast page
play newscast audioPlay

Smokey Bear thought only "you" could prevent forest fires, but decomposing mushrooms may also help, a Native American community in Oregon is achieving healthcare sovereignty, and Colorado farmers hope fast-maturing, drought-tolerant seeds will better handle climate change.

Expert: Electric Vehicle Sales Not Slowing Down

play audio
Play

Friday, August 25, 2023   

Experts say consumer interest and sales of electric vehicles in Arizona and across the country aren't slowing down.

Arizona is among the top 10 states for EV auto registrations. Year-to-date, EV sales are up more than 50%, year over year, which Chris Harto, senior policy analyst at Consumer Reports, said is impressive, considering how much fuel prices have come down. However, in Arizona, the average gas price is currently $4.25 per gallon - about 40 cents more than the national average - which may entice Arizona drivers to make the switch.

Harto said interest rates might also turn out to be a factor in sales.

"Interest rates have gone up quite a bit, and I think that is going to have an effect on the whole vehicle market, regardless of vehicle type," he said. "We're not quite seeing a slowdown, quite yet."

He said he suspects the market is still trying to adjust and "catch up" after EVs - and vehicles in general - have been in such limited supply in recent years. While many have speculated that EV inventories are high, Harto countered that the "EV only" companies - such as Polstar, Rivian and Tesla - report "very low inventory."

Harto said affordability is top of mind for many people shopping for an electric vehicle. Consumer Reports found 70% of EV sales so far this year have been from just nine models, all of which start at less than $45,000 when incentives are factored in. He also said he recognizes many are concerned about the lack of charging infrastructure, but said that is changing. Arizona has nearly 1,000 charging stations, although more are in the works.

"You definitely have a group of consumers who are waiting for the federal funds that are going out to the states to really build out that national charging network," he said, "to give them that little extra bit of confidence."

He said a number of new requirements have either limited or changed which EVs can qualify for tax credits. So, of course, those that are eligible for tax credits seem to be selling better than those that don't.


get more stories like this via email

more stories
The latest Living Planet Index report finds freshwater migratory fish saw an average 81% collapse in monitored population sizes between 1970 and 2020. This includes massive declines in Latin America, the Caribbean and Europe. (Adobe Stock)

Environment

play sound

Groups in Connecticut are preparing to celebrate World Fish Migration Day on Friday. The biennial event celebrates migratory fish species and their …


Social Issues

play sound

Fewer than 8% of people in Alabama prisons are granted parole when they apply for it. Criminal justice experts got together for a discussion of how …

Social Issues

play sound

A new report is sounding the alarm on Pennsylvania's juvenile-detention capacity challenges, citing understaffing and long wait times for the young …


During Latino Advocacy Week, Hispanic Access Foundation members met with lawmakers to promote equity in the upcoming Farm Bill. (Evelyn Ramirez/Hispanic Access Foundation)

Environment

play sound

It's Latino Advocacy Week in Washington, D.C., and leaders in the Hispanic community are pushing for improvements in the upcoming Farm Bill. The …

Environment

play sound

What might seem like an under-the-radar administrative task could end up being a lifesaver for Minnesota waterways in need of safeguards against agric…

Families say they agreed to the settlement with Uvalde because they did not want to bankrupt the city. (Pixel-Shot/Adobe Stock)

Social Issues

play sound

Two years ago today, a teenager killed 19 students and two teachers at Robb Elementary School in Uvalde. The families of those shot and killed have …

Social Issues

play sound

Amid nationwide labor shortages and high turnover, employment experts say fostering an equitable workplace is key to finding and retaining workers…

Environment

play sound

Areas of northern New Mexico now see 60 more annual fire days than 50 years ago, creating longer, more intense fire seasons. A report from Climate …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021