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Is this the luxury bargain of 2024? Lexus LBX hybrid SUV is much cheaper than BMW X1 and Benz GLA

EV Central

But the LBX’s selling point is that it will be the only small SUV sold by a premium brand in Australia. Despite sounding expensive for a light SUV, Lexus says its cheapest genuine rival from fellow premium brands cost much more. The most affordable BMW X1 is $60,400 and the cheapest Mercedes-Benz GLA is $63,200.

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Look out LandCruiser, Patrol, Range Rover, Benz, BMW: Huge, powerful, pricey BYD Yangwang U8 SUV confirmed for Australia

EV Central

The outrageous BYD Yangwang U8 luxury SUV is headed for Australia. A far cry from the affordable battery electric vehicles led by the Atto 3 with which BYD has established in Australia, the plug-in hybrid Yangwang’s Chinese price converts to about $240,000 here. So it is more realistically a Range Rover and Benz rival.

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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. READ MORE: Range anxiety solved? But one thing is for sure, Stellantis better be quick. The post Battery revolution!

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EC40, EX40, XC40… Has Volvo just reduced or increased its electric car naming confusion?

EV Central

This, says the Chinese-owned Swedish brand, makes it easier to understand where its smallest EVs sit in its all-electric line-up that is currently also inhabited by its latest EX30 SUV, large EX90 SUVs and the China-only EM90 people-mover. Except, that is, if you’re looking to buy the cheaper combustion-powered XC40 SUV.

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Tesla Model Y continues to lead auto sales in Norway

Push EVs

Petrol-only vehicles saw their lowest share in modern history, taking just 1% of the market. Finally, another relative newcomer, the BMW iX1, has seen great progress, from its very first deliveries in December, climbing to 16th rank in Q1. For those keeping records, the iX1 a is mid sized SUV (almost the same length as the VW ID.4).

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2024 BMW iX2 review: Is this the EV bargain of the year? How tax incentives make this slick compact SUV a tempting electric car

EV Central

BMW is pushing hard into the EV space, in turn crushing its traditional luxury rivals on Aussie sales. BMW iX2 xDrive30. 2024 BMW iX2 price and equipment The iX2 is part of the X2 compact SUV family, which is itself a sportier looking version of the X1. And a lot of its success comes down to good ol’ sharp pricing.

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EV sales in Norway explode ahead of policy changes

Push EVs

Petrol vehicles also saw a relative sales surge ahead of increased emissions taxes. PHEV’s relatively low share was not due to their fall in volume, rather that the volume of BEVs and petrol vehicles were much higher than usual. Petrol vehicle volumes were 4x to 5x recent seasonal norms.

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