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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. This and more, here at Green Car Reports. Toyota is the latest automaker to dismiss the viability of an affordable EV —in this case, specific to the European market. This and more, here at Green Car Reports. Ram introduces a lineup of electric vans.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The post Tesla maintenance and repair costs are lowest in the auto industry: data appeared first on TESLARATI. Four out of five of the least expensive brands to maintain were U.S.

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Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

Some automakers are launching small, affordable EVs for the European market, but Toyota currently has no plans to follow them, Andrea Carlucci, the automaker’s European development boss, said. It told Green Car Reports in 2021 that it aimed to make affordability, not range , the focus of its EV plans. might be different.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. BYD last year sold 1.57

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Lucid Drops The Gravity At The Los Angeles Auto Show

CleanTechnica EVs

Lucid Motors made a splash with the Air and has fleshed out its line with more affordable offerings since its. continued] The post Lucid Drops The Gravity At The Los Angeles Auto Show appeared first on CleanTechnica.

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus. average car price. The post Tesla is no longer just a luxury brand, says major auto outlet appeared first on TESLARATI.