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Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. And it definitely won’t be among the five new electric SUVs Toyota plans to launch by 2026, Autocar noted. That model will start around 32,000 euros ($35,000), Carlucci revealed.

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Get excited: Nissan is plotting an affordable electric performance car to take on the Toyota 86 and Subaru BRZ to win back young car buyers

EV Central

Nissan has admitted that it is considering reintroducing a fast, affordable and all-electric sports car to win over a new legion of young car fans. Something smaller, a bit more affordable. Definitely.” ” Nissan has always had a three-tiered performance car offering, and it’s something he wants to work towards.

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Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

Audi is joining the race as automakers gear up to introduce new, lower-cost EV models. Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. 2 SUV , the affordable EVs bigger sibling.

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Archer taps FCA to accelerate eVTOL production

Green Car Congress

Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.

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Tesla Model Y can cost well over $180K in Singapore – but it’s still selling well

Teslarati

It’s definitely cheaper than its larger and more expensive stablemate, the Tesla Model X, but it is still a premium vehicle in its own right. At such prices, the Model Y practically costs almost as expensive as an apartment in Singapore. The Tesla Model Y is not an inexpensive vehicle.

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Ford joins PT Vale Indonesia and Huayou in Pomalaa nickel project; offtake agreement

Green Car Congress

creating a three-party collaboration to advance more sustainable nickel production in Indonesia and help make electric vehicle batteries more affordable. All three companies are making equity investments in the Pomalaa Block High-Pressure Acid Leaching (HPAL) Project through a definitive agreement.

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