A Bay Area company is finding success in the used EV car market and helping buyers find affordable second-hand vehicles.
Two years ago, Max Quertermous co-founded and launched Ever, a used EV dealership which buys and sells online and in-person in San Francisco . He and a classmate began collaborating at the Stanford Graduate School of Business, along with a former software engineer from Uber.'We started the business with the mission of building the biggest EV store in the United States,' said Quertermous. Price cuts and federal tax incentives for new and used EVs have made going electric more affordable.
'What it does is make the car much more affordable when consumers across the United States have been clamoring for a more affordable vehicle,' said Jeremy Robb. Robb is senior director of economics and industry insights at Cox Automotive. 'As they have brought down the overall price of the new EV, it's not quite as high, and you're getting more makes and models that are a little more affordable.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Bay history: Some South Bay and Harbor Area cities found the road to incorporation rockyThe practice of allowing residents to vote on whether or not to incorporate began with the passage of a law providing for the option by the California State Legislature in March 1883.
Read more »
Bay Area community reacts to shooting at Trump rallyBay Area residents believe former President Donald Trump may fare better in the November election due to what happened on Saturday.
Read more »
Check this out: Bay Area libraries offer unique services, tools, items to take homeHere are four unique programs libraries have to offer, from tool loans to seeds.
Read more »
Bay Area political leaders, experts react to assassination attempt at Donald Trump rallyReaction is pouring in from all over the Bay Area and from both sides of the political aisle following an assassination attempt at former President Donald Trump's rally on Saturday.
Read more »
Bay Area News Group staff honored by publishers associationThe Mercury News and East Bay Times won first place in three categories: film and TV writing/reporting, artistic photo, and print front page layout and design
Read more »
'Decry the violence': Bay Area residents condemn Donald Trump assassination attemptThere were prayers for healing and unity at Bay Area Sunday church services, following the assassination attempt on former President Trump's life. Most everyone is denouncing the violence.
Read more »