Remove Affordable Remove Cheap Remove Price Remove Sale
article thumbnail

Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Volkswagen and Renault are primed to join forces to work today to develop a new family of electric cars that will be priced less than €20,000 ($A32,000). According to German newspaper Handelsblatt, both VW and Renault are considering the deal that will see both car-makers produce up 250,000 of its bargain basement-priced electric cars.

Cheap 105
article thumbnail

Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact. All automakers in the U.S.

article thumbnail

A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. He suggested automakers are sacrificing range for price.

Cheap 52
article thumbnail

Chevy Detailed a Longer Range and Lower Price for the Silverado EV RST

The Truth About Cars

Though stout on specs, the new truck is far from cheap. It’s still a far cry from affordable, but it is more than the trucks' rivals’ starting prices. Chevy hasn’t shared many other details on the pickup, but we’ll learn more in the coming weeks as it nears its on-sale date. Image: Chevrolet] Become a& TTAC insider.

Silverado 105
article thumbnail

Xiaomi CEO admits Tesla has unique advantage over EV competitors

Teslarati

Xiaomi CEO Lei Jun said that Tesla has the unique advantage of being able to raise the prices of its electric vehicles, a move that other companies cannot pull off because they are risking “huge losses.” Its top trim will be priced at $46,671, or 336,000 RMB. Tesla to increase Model Y price in the U.S.

Tesla 145
article thumbnail

Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

Plug-in 150
article thumbnail

Tesla margins will tighten as price cuts wage EV war: Morgan Stanley

Teslarati

Tesla ( NASDAQ: TSLA ) investors should prepare for tightening margins as price cuts wage a war between electric vehicle makers, Morgan Stanley said in a note. “We believe EV price cuts are not a fad, but a trend,” analysts wrote in a note. Others have avoided the strategy altogether.

Price 97