Green Car Congress

FEBRUARY 14, 2023

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Baua Electric

MARCH 18, 2024

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

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Baua Electric

APRIL 5, 2024

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. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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EV Central

APRIL 17, 2023

The Ford Puma EV will be coming to Australia in 2024, adding a new compact SUV to the affordable end of the electric car market. No word on pricing, although clearly it will play at the more affordable end of the EV market. One remaining question with Ford is what its promised fifth electrified model is.

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Teslarati

MAY 31, 2024

Ford recently slashed its electric vehicle (EV) prices in Australia by up to AUD$15,000 for some units. Ford EV price cuts follow a trend in Australia right now , where automakers are reducing EV prices left and right. The car manufacturer reduced the price of its all-electric van by $15,000.

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. In February, sales of the electric SUV surged 64% year over year.

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Baua Electric

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4

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Baua Electric

FEBRUARY 2, 2024

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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Teslarati

MARCH 16, 2024

Tesla has announced its latest price increases set to hit one of its vehicles, with the automaker this time planning to increase the price of its economy-level Model Y SUV in multiple European countries. Tesla has also been facing issues at its Gigafactory outside of Berlin, which produces the Model Y for the European market.

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Green Car Congress

SEPTEMBER 6, 2023

of the total new-vehicle retail market. Power has just introduced a new EV Retail Share Forecast, which captures granular EV sales, consideration, pricing, infrastructure growth and other census and demographic factors to project state-by-state EV adoption rates through 2035. Luxury EVs Still Wield Outsize Influence on Affordability.

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Baua Electric

JANUARY 31, 2024

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker. The new EV3, EV4, and EV5 will be priced between $20,000 and $50,000.

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EV Central

MAY 14, 2024

Tipped to price at or under stellar local Chinese success story BYD, Leapmotor is expected to launch here with the medium-sized C10 SUV, which will be a rival for the Tesla Model Y on size but not dollars. But it has also promised to launch at least one new model per year for international markets for at least the next three years.

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The Truth About Cars

MARCH 19, 2024

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact. All automakers in the U.S.

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Baua Electric

MARCH 22, 2024

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. The platform would be used for the country and other overseas markets.

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Baua Electric

MAY 29, 2024

Meanwhile, the rugged SUV brand is already planning a more affordable EV model. However, the first Jeep to launch in the US, the Wagoneer S , is expected to be priced at a premium. If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares said. Let us know in the comments.

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EV Life

JUNE 8, 2023

The electric vehicle market has expanded rapidly in the last few years as automakers have introduced a variety of EV models to keep up with demand. Electric SUVs: Prices and Range The two biggest factors that have influenced most potential electric SUV drivers are the price of the vehicle and its range.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

JANUARY 31, 2024

Mercedes-Benz has just launched the 2024 GLA in the Indian market. It is the most affordable SUV in the brand’s lineup and it now starts at ₹ 50.50 lakh whereas the GLA 220d 4MATIC AMG Line is priced at ₹ 56.90 Both prices are ex-showroom and introductory. lakh introductory, ex-showroom for the GLA 200.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

MAY 29, 2024

The main drivers behind China’s job growth are auto, electric devices, and semiconductors, all powering the country’s surging electric vehicle market. BYD’s wide-reaching portfolio (Source: BYD) One of the biggest factors is the already low prices. Electric car prices are down drastically from 2018. million jobs.

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Baua Electric

JANUARY 20, 2024

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. with other markets to follow. inch infotainment screen.

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Electrek

FEBRUARY 20, 2024

Rivian looks to expand the brand with its more affordable R2 electric SUV. Scaringe also said the upcoming R2 will compete in the same market as Tesla’s best-selling Model Y. Ahead of the R2’s official debut, Rivian’s CEO RJ Scaringe called $48,000 an “important sweet spot” for buyers switching from gas vehicles.

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Teslarati

JANUARY 24, 2024

(Credit: u/competerb/Rivian Forums) As for the new product Rivian plans to launch at the newly renovated theater, the consensus is that it will be the R2 SUV. Rivian next generation of electric vehicles, which will start with the R2, is expected to be more affordable and cheaper for customers.

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Baua Electric

JANUARY 23, 2024

Fresh off earning the crown as the best-selling brand in China, BYD has (briefly) introduced a new compact SUV to its Yuan family of EVs – one of the larger contributors to its overall sales last year. By December, we were reporting that BYD would inevitably overtake Tesla as the leader in global EV market share, which it did.

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Baua Electric

JUNE 3, 2024

Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.” Ford is also delaying its larger, electric three-row SUV as it shifts to smaller EV options.

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Baua Electric

MAY 17, 2024

An affordable Chevy Camaro EV? Among the considerations were a 2+2 coupe, convertible, and two- and four-door SUVs. The report also mentioned the possibility of a “mid-price” flagship electric sports car “loosely linked to the C9 Corvette in content.” The 1LT will be available with prices as low as $27,495.

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EV Central

FEBRUARY 8, 2024

According to Automotive News , Hyundai is plotting to introduce a specially adapted battery-electric version of the small combustion-powered Hyundai Casper SUV it already sells in South Korea. Sales will then kick-off before the end of this year at a rock-bottom price. 30,000 Hyundai Casper EV make waves in the Australian market?

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Baua Electric

MARCH 14, 2024

For the first time, Volkswagen announced it aims to start producing its most affordable ID.1 1 will offer “affordable electric mobility for everyone,” VW brand leader Thomas Shafer said Thursday. VW is also in talks with Renault about building a small mass-market electric car. 2all SUV, the affordable EVs’ big brother.

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Green Car Congress

APRIL 6, 2022

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The compact crossover segment is the largest in the world, with annual volumes of more than 13 million vehicles.

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Baua Electric

MARCH 25, 2024

Faced with extreme market volatility,” Uchida said, “Nissan is taking decisive actions guided by the new plan to ensure sustainable growth and profitability.” Nissan’s “product offensive” will include new development and manufacturing upgrades to make EVs more affordable. It will also roll out in the US and other global markets.

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Teslarati

MARCH 18, 2023

Polestar has launched the Polestar 3 electric SUV in China and has slashed its starting price by roughly $29,000. The 3 is the brand’s first full-size SUV offering and is set to take on the Tesla Model X and the Rivian R1S in the world of large electric SUVs. What do you think of the article?

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Teslarati

APRIL 18, 2023

The Ford Puma is one of the most popular vehicles the Blue Oval produces, yet outside of the markets that it is sold in, it is essentially unknown. Even in Ford’s home market, the United States, the Puma has yet to make an appearance. The post Ford teases its newest electric SUV offering appeared first on TESLARATI.

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Baua Electric

JUNE 3, 2024

China’s leading EV maker, BYD , nearly reached a new sales record in May after aggressive price cuts took effect. The sales growth comes after BYD launched a series of lower-priced “Honor” edition models earlier this year to fuel its “liberation battle” against ICE cars.

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Teslarati

APRIL 29, 2024

The legacy automaker attributed most of its revenue pound to EV price cuts. Ford postpones EV launches to focus on hybrid production Ford, like many other EV automakers, is living through a slowing EV market. Tesla has acknowledged some pressure in EV market. Tesla has acknowledged some pressure in EV market.

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Baua Electric

MARCH 19, 2024

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

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Baua Electric

JUNE 4, 2024

China’s leading EV maker, BYD , is quickly gaining ground in overseas markets. The EV leader plans to enter ten new markets by the end of the year. BYD’s growing EV sales were fueled by price cuts and new lower-priced models launched earlier this year. The Seagull EV is already rolling out in overseas markets.

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