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Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. And it definitely won’t be among the five new electric SUVs Toyota plans to launch by 2026, Autocar noted. That model will start around 32,000 euros ($35,000), Carlucci revealed.

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The new all-electric Citroën ë-C3 is unveiled, will cost 23,300 euros

EV Specifications

The new all-electric Citroën ë-C3 was unveiled today as the "first affordable European electric car." More specifically, the new ë-C3 is the first all-electric B-segment vehicle developed and built in Europe with a starting price of 23,300 euros.

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Honda admits it needs affordable EVs with plans for an electric Civic successor

Baua Electric

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda is set to expand its lineup with an electric replacement for its all-time best-selling Civic. The new electric sedan is expected to roll out in 2026, followed by an SUV shortly after.

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Volkswagen to go solo on affordable EVs after ending talks with Renault

Baua Electric

Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. However, a low-cost Volkswagen electric car is still in the plans. Despite Renault confirming it was in “good discussions” with Volkswagen to build an affordable EV in February, it looks like the automakers may go their separate ways.

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Affordable, all-electric: The 5 lowest-priced new EVs in the US

Green Car Reports

Falling battery costs will soon help make EVs cheaper than combustion models—not just in overall ownership costs, but in up-front sticker price. But if you’re looking only for the lowest-priced new EVs on the market, without driving range a top priority, the options are surprisingly limited.

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Tesla Model 2 abandoned? Multiple sources say $25,000 electric car dead, Elon says it’s all lies

EV Central

According to Reuters multiple sources behind the scenes have confirmed the affordable EV is no longer happening with resources switched to developing self-driving robotaxis. Top selling electric car slashed up to $8500; could it outsell the Ford Ranger? READ MORE: Tesla Model Y cheaper than ever! Tesla CEO Elon Musk.