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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Electrek

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024.

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Honda is abandoning plans to build affordable EVs with GM

Electrek

Honda’s CEO, Toshihiro Mibe, said the automaker is scrapping plans to build affordable EVs with GM because of the “changing business environment.” more… The post Honda is abandoning plans to build affordable EVs with GM appeared first on Electrek. The Honda-General Motors EV saga may be ending sooner than expected.

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Honda and GM affordable EVs, Fisker battery warranty, DeLorean sports car: Today’s Car News

Green Car Reports

Honda and GM are partnering for “millions” of affordable EVs. This morning GM and Honda announced an expanded partnership to co-develop a new global vehicle. DeLorean is back again—this time without working time-machine nostalgia. And Fisker’s battery coverage looks among the best.

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GM CEO is ‘disappointed’ in EV production, says affordable models will drive adoption

Electrek

General Motors ( GM ) CEO Mary Barra said she is disappointed in EV production this year due to constraints. Meanwhile, GM’s leader believes new, affordable EVs like the Equinox and Bolt will help drive adoption.

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Honda Backing Out of Affordable EV Deal With GM

The Truth About Cars

with the new Prologue, but the rest of the automaker’s electric roadmap is still in flux. It initially announced plans to work with GM and others to develop smaller, more affordable electric crossovers, but the company recently confirmed that it was stepping away from that initiative due to shifting business priorities.

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Lower-priced Rivian EVs, GM taps Tesla Giga alum, urban charging template: Today’s Car News

Green Car Reports

GM put someone with a Tesla Gigafactory resume in charge of ramping up batteries for affordable EVs. Electrify America takes it indoors for urban charging. And Rivian rolls out lower-cost versions of its electric trucks. This and more, here at Green Car Reports.

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QOTD: Will An Affordable EV Help You Go Electric?

The Truth About Cars

Today we covered Tesla's back-and-forth on whether it will or won't build an affordable EV. If it helps, take Tesla out of the equation and think about a $25K EV sold by Ford or GM or Honda or whoever. One of the biggest reasons not to purchase an EV that I hear is that the MSRP of most EVs is too high, even considering tax credits.