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General Motors And Hyundai Commit To Each Other

The Truth About Cars

Mary Barra and Euisun Chung sign the memorandum General Motors and Hyundai have announced an agreement to explore potential future collaborations in strategic areas such as vehicle development, supply chain solutions, and clean-energy technologies.

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General Motors Bringing Back Plug-in Hybrids

The Truth About Cars

Despite previously having committed itself toward a future where it builds all-electric vehicles, General Motors has made plans to bring plug-in hybrids back to our market. General Motors already delivered the Chevrolet Bolt, with the model becoming one of the first affordable EVs offering real utility to customers.

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Honda Backing Out of Affordable EV Deal With GM

The Truth About Cars

It initially announced plans to work with GM and others to develop smaller, more affordable electric crossovers, but the company recently confirmed that it was stepping away from that initiative due to shifting business priorities. GM and Honda will search for a solution separately. This project itself has been canceled.”

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GM Dealers Want Hybrids Instead of More EVs

The Truth About Cars

General Motors is pushing ahead with plans to become an electric automaker, but the road toward that goal hasn’t been the easiest so far. General Motors has several new electric models on the way soon, but it has so far overlooked hybrids in those efforts. but it has been several years since it last tried.

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Report: Average New EV Prices Fell Below Tesla's Average for the First Time in Over a Year

The Truth About Cars

While its vehicles aren’t “cheap,” Tesla offers two of the most affordable EVs on sale today. That said, more automakers, including General Motors, Volvo, and others, are pushing toward affordable EV models, which could impact the averages. Buyers are also buying more used EVs than before as prices have fallen.

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Rivian Offers Deep Discounts on R1T Leases

The Truth About Cars

Rivian’s vehicles might be popular and offer cool features, but they’re far from affordable. Hyundai, Kia, General Motors, and Ford have all offered price cuts in recent months. That will change, at least for lessees, for a little while, as the automaker is offering deep discounts on some models.

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Tesla Model Y overtakes Model 3 in April Global EV sales, Model 3 #1 in 2021

Teslarati

Combine this with affordability, and the Model Y is one of the most appealing automobiles on the market today. In April, the Model Y accumulated 16,232 registrations, according to the EV Sales Blog , a website that tracks global electric vehicle sales. Credit: EV Sales Blog. Credit: EV Sales Blog. Credit: EV Sales Blog.

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