article thumbnail

Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Affordable electric cars are coming Kia has already revamped the brand as the industry transitions to electric with a new logo and design. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

article thumbnail

Tesla increases Model 3 Performance price in the U.S.

Teslarati

Just a few days after it was launched, Tesla has increased the price of the Model 3 Performance, though basic options still render it more affordable than the Long Range configuration with the federal tax credit. The Model 3 Performance is now priced at $53,990 in the U.S. earlier this year.

article thumbnail

Why Tesla Model Y tax credit inclusion is good for some and bad for others

Teslarati

The Tesla Model Y complete lineup was recently added to the IRS list of qualifying vehicles that will give buyers a $7,500 tax credit. While it may seem like the company’s huge price cuts coupled with the tax credit would be good for everyone, it spells bad news for competitors that offer comparable EVs in the same category.

article thumbnail

Fisker introduces Alaska pickup truck, Ocean with Force E off-road package; 11 Ocean deliveries in Q2

Green Car Congress

Fisker recently presented four future electric vehicles, as well as technology and sustainability visions, to an audience of investors, analysts, employees, and the media at an event in Huntington Beach, California. million in VAT receivables which Fisker expects to receive as refunds or to monetize against vehicle sales taxes.

Alaska 354
article thumbnail

Hyundai Metaplant America to boost its EV sales in the US 

Teslarati

Hyundai shared that its focus on affordable and compact electric vehicles helped its EV sales in the United States. The Georgia-based plant would make Hyundai’s EVs more affordable as they would likely qualify for the Inflation Reduction Act’s (IRA) full $7,500 tax credits. “We

Hyundai 119
article thumbnail

Rivian speculated to unveil the R2 SUV by March 2024

Teslarati

Documents from the Laguna Beach City Council hint at Rivian planning a launch event at the recently renovated Laguna Beach Movie Theater. Rivian is speculated to unveil new vehicles at the event, including the long-awaited R2 electric vehicle.

SUV 106
article thumbnail

Chevy Blazer EV goes on sale again with lower price tag

Teslarati

Chevy Blazer EV already seeing ~$10k markups from GM dealers “We are excited to have the Chevrolet Blazer EV available again, this time with a compelling price, enhanced features and functionality and qualifying for the full consumer tax credit,” said Scott Bell, Vice President of Global Chevrolet (via Automotive News ).

Price 119