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In marketshare terms, thats dropping like a stone.

This was always going to happen.

Tesla Model 3

(Image credit: Volvo)

It’s now a monthly battle between Tesla and BYD for the global EV seller top spot.

This newcomer is already a very credible rival to the BMW i4 and Tesla Model 3".

And all of that is on the cards.

Tesla Model 3

(Image credit: Volvo)

Sadly, Jeep feels it is too small for the US market.

For a start, it has startedselling its Supercharger technologyto EV charging providers.

This is music to the ears of EV owners.

The BYD Seal car on a blue background

Youve bought the car, now its time to lease those premium features.

Most of the payments are typically via a subscription plan, increasing Teslas cashflow on a monthly basis.

Will they be updated into obscurity, like that iPad that’s stuffed under your sofa?

Renault Twingo Concept

It’s a very real concern, and one that is currently affecting the residual values of electric vehicles.

Some buyers just aren’t confident they will hold their value like many internal combustion engine cars historically have.

The bottom line is, EVs are expensive to insure.

Tesla Supercharger

Customers sign up through Teslas in-house app, which features a Safety Score (currently in Beta).

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A hand holding a phone showing Tesla insurance