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Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

Who said EVs are not affordable? According to online auto research firm CarsDirect , Hyundai’s IONIQ 6 is the cheapest car to lease in the US, gas or electric, at an effective cost of just $249 per month. Hyundai’s IONIQ 6 is even cheaper to lease than a 2024 Toyota Corolla LE ($382/mo). of the US EV market.

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U.S. EV adoption is happening faster than anticipated

Teslarati

happening much faster than anticipated, according to an observation of research by Recurrent Auto which is focused on providing transparency and confidence in pre-owned EV transactions. The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable.

Market 101
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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

“Any new technology like the Chevy Volt takes time to become profitable,&# said Jay Friedland, the legislative director for Plug-In America , an electric-car advocacy group. “The Toyota Prius took over five years to reach break-even and has gone on to be a wild success.&# The group pointed to a B.C.G. and Chrysler.

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