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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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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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Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday. One of them, the Kia EV3, is expected to launch by the end of the year.

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Another Tesla executive chimes in on $25,000 car cancellation claims

Teslarati

On Sunday, Tesla’s Chief Designer Franz von Holzhausen also responded to claims about the affordable mass-market EV, as posted in a video from X user BLKMDL3. The post Another Tesla executive chimes in on $25,000 car cancellation claims appeared first on TESLARATI. “Just don’t always believe what you read.”

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Tesla announces change of plans to build cheaper electric cars

Baua Electric

Tesla announced that it is changing its product plan to introduce cheaper electric cars to be built on its current production lines. A few weeks ago, Reuters reported that “Tesla has canceled the long-promised inexpensive car”. Inside sources confirmed that Musk canceled a Gigafactory Texas expansion for the new vehicle codenamed NV9.

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Tesla to boost spending for Giga Texas and Berlin ramp

Teslarati

Model 3 forever changed the auto industry, & proved to the world that great EVs could be more affordable. Today, Model 3 is one of the 10 best selling cars globally. Tesla is currently ramping up two new factories, one in Texas and another in Germany. Sawyer Merritt (@SawyerMerritt) July 27, 2022.

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