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Stellantis CEO: “Bloodbath” coming if EV makers follow Tesla and Musk in “race to the bottom”

Teslarati

To keep Tesla’s vehicles competitive, the automaker has implemented aggressive strategies such as steep price cuts to make its vehicles more affordable to mainstream consumers. Elon Musk, for his part, has stated that Tesla would likely need to keep lowering its prices to ensure that customers could afford its vehicles.

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GM expects lower 2024 EV sales amid lagging demand

Baua Electric

General Motors does not expect to build as many electric cars as initially planned this year. 2024 Chevy Equinox EV 3RS (Source: Chevrolet) With a $35,000 model coming later this year, GM claims the Chevy Equinox EV is the most affordable in its class with up to 300 miles range.

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Chevy Blazer EV goes on sale again with lower price tag

Teslarati

General Motors (GM) brand Chevrolet has begun selling the Blazer electric vehicle (EV) once again, after the automaker halted orders for over two months due to a software quality issue. GM also plans to utilize the division on all of its future vehicles. It also comes after Chevy bid farewell to its best-selling EV, the compact Bolt.

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GM expects lower 2024 EV sales after killing its most popular model

Baua Electric

General Motors does not expect to build as many electric cars as initially planned this year. 2024 Chevy Equinox EV 3RS (Source: Chevrolet) With a $35,000 model coming later this year, GM claims the Chevy Equinox EV is the most affordable in its class with up to 300 miles range.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. However Tesla and other automakers have generally been considered to be targeting a $25,000 price tag, and while affordable, it’s still far greater than $10,000. BYD last year sold 1.57

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Volkswagen aims for sub-$35,000 EV in the U.S.

Teslarati

Many automakers are attempting to offer EVs that are widely affordable and will not break the bank for those who are interested. General Motors has its Chevy Bolt EV that hit a sub-$30,000 price tag , and Tesla is moving toward $30,000, but only after federal and state incentives. It feels that in the U.S.,

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Hyundai Metaplant America to boost its EV sales in the US 

Teslarati

The South Korean car manufacturer came in second to Tesla and beat top automakers like Ford and General Motors in the United States. Hyundai shared that its focus on affordable and compact electric vehicles helped its EV sales in the United States. During the event, the General Assembly passed a Resolution, making February 26.

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