About 4 months ago we noticed that the parking lot at the Tesla factory in Fremont, CA was full of Tesla vehicles - something we never noticed before. In January Tesla lowered prices of their vehicles amid the news that they were not selling as briskly as they used to. That was good news for consumers. Now for the latest bad news - in Q4 2022 fuel expense to drive 100 miles in a typical electric vehicle cost more than driving a typical internal combustion engine car. Anderson Economic Group( AEG) reported that in Q4 2022 typical mid-priced internal combustion engine vehicle drivers paid $11.29 for fuel to drive 100 miles. That was 31 cents cheaper than mid-priced electric vehicle drivers had to pay to travel 100 miles - if they charged at home. If the EV drivers charged their vehicles at a commercial facility, they paid $3 more per 100 miles. With continuing inflation, the cost of electricity is up, while the seasonal drop in demand for gasoline has caused the prices to come down ... read more

While Toyota Prius vehicles can be seen everywhere on the Bay Area roads, nobody has ever accused it of being stylish or slick. This is about to change. The new 2023 Toyota Prius looks pretty darn sporty, and it has more interior space and more power as well. According to the MotorTrend magazine, it’d equipped with lithium-ion battery that provides 15% more output, while being more compact, thus freeing up some interior and trunk space. It also delivers 57mpg ( combined) mileage. Previous version delivered 52 mpg, so almost 10% improvement. Moreover, it can go from 0-60 in around 7 seconds – not a pocket-rocket, but pretty respectable. Check out some pictures on the MotorTrend site. Naturally, the new Prius is only meant to fill the gap before the EVs from Toyota take over. Toyota has committed to investing $35 billion towards development of electric vehicles through 2032, and it promises to de ... read more