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Volkswagen ID.4 becomes Top 3 most affordable U.S. EV, but there’s a catch

Teslarati

4 will be the third most affordable electric vehicle offering in the United States, but the German automaker will nerf performance to reach the price point. 4, enabling owners to make even better use of their three years of included 30-minute DC fast charging sessions at Electrify America stations. What do you think of the article?

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North America’s largest lithium supply to be developed with DOE help

Teslarati

According to Ioneer, it is “the largest known lithium and boron deposit in North America. Still, it is far from the only investment DOE is making into making electric vehicles more affordable overall. What do you think of the article? Secretary of Energy Jennifer M. Do you have any comments, questions, or concerns?

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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America.

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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

That has led to a very sharp rise in sales in a very short amount of time,” Troy Stangarone, Senior Director at the Korea Economic Institute of America, told the Financial Times (FT). Hyundai Motor Group chose to focus on smaller and more affordable electric vehicles for the US EV Market. Hyundai and Kia made up 7.5%

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Samsung SDI opens battery R&D center in Shanghai

CN EV Post

A new research lab under the center will focus on discovering new functional and affordable materials. A new research lab under the center will focus on discovering new functional and affordable materials, according to the report. For more articles, please visit CnEVPost. percent and 5.5

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Bank Australia plans to eliminate loans for ICE vehicles in 2025

Teslarati

The bank will continue to offer loans for used ICE vehicles until more affordable electric offerings become available. When addressing the seismic shift in policy, the bank stated that it was done to help minimize customers’ carbon footprint while incentivizing a more affordable transportation option.

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Ford teases its newest electric SUV offering

Teslarati

The Puma is a smaller crossover SUV, slightly larger than the Ecosport sold in North America, and it is typically priced just below the slightly larger Escape SUV. The electric Ford Puma could be the company’s first affordable EV, though we will have to wait to see how Ford prices its newest offering.

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