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Mobility
MG unveils Mini-like \'GO!\' concept for 2027 small electric city car
MG has begun developing a small electric city car targeting a 2027 launch, unveiling the \'GO!\' concept as a guide for its next electric hatchback aimed at Europe. The design has drawn comparisons with the current Mini, though MG says it points to a future direction rather than simple retro styling. Key production specifications and timing are not yet set. MG also cited recent European demand for distinctive small EVs.
Mobility
EVs post highest five-year depreciation at 57 percent; hybrids differ
Electric vehicles depreciate much faster than internal combustion cars, with a five-year average value loss of 57.2 percent, InsideEV reported, citing iSeeCars research. That compares with 41.8 percent for all cars. Hybrids had the lowest five-year depreciation at 35.4 percent. EVs made up half of the 10 fastest-depreciating models and none of the 25 slowest. Some models, including the Volkswagen ID.4 and Nissan Leaf, showed steeper declines.
Mobility
Lemonade offers up to 50 percent insurance discount for Tesla FSD users
New York-based online insurer Lemonade has launched a new autonomous vehicle insurance product targeting Tesla owners who use Full Self-Driving (FSD), offering premium savings of up to 50 percent. The policy uses Tesla vehicle telemetry data to assess driving risk, and charges a base rate plus a per-mile fee that is about 50 percent lower during FSD-enabled driving. The product will launch first in Arizona this month and expand to Oregon in February.