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Maybe Tesla Didn't Cancel the Affordable EV After All, Or Did It?

The Truth About Cars

The will they, won’t they themes continue in 2024, as the automaker recently reversed its reported decision to nix affordable EV plans, though the flip appears related to less-than-stellar first-quarter performance. The previously reported cancellation of Tesla’s affordable EV also went out the door, at least on paper.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

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GMC Sierra Denali EV, Kia Niro EV price, future cheaper Teslas: Today’s Car News

Green Car Reports

Tesla is working on smaller, more affordable EVs. And the debut version of the GMC Sierra EV is most definitely not a simple, affordable work truck. The Kia Niro EV creeps upward in price. Federal EV infrastructure money is going toward states that resisted EV infrastructure. This and more, here at Green Car Reports.

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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. Toyota Urban SUV Concept Carlucci’s statements regarding the state of EV affordability in Europe is similar to what Honda’s global CEO said just last week.

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Honda admits it needs affordable EVs with plans for an electric Civic successor

Baua Electric

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new “0 series” electric brand at CES earlier this month. Let us know below.

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Stellantis invests in affordable sodium-ion battery technology

Teslarati

Stellantis’ investment in Tiamat supports its goal to provide customers with clean, safe, and affordable mobility worldwide. Our customers are asking for emissions-free vehicles that offer a combination of robust driving range, performance, and affordability. Sodium is also available abundantly around the world.

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Rivian R2 timing, BMW affordable EVs, Bollinger batteries: Today’s Car News

Green Car Reports

BMW claims it won’t forget about affordable EVs. And Rivian pushes some future models a little farther out as it continues to ramp up its existing three models. Bollinger chooses batteries from Michigan. This and more, here at Green Car Reports.