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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. Stellantis is partnering with different companies on battery tech, including lead cell supplier CATL from China. Sodium-ion technology is free of lithium and cobalt and costs less per kilowatt-hour.

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BYD produces 200K units of its most affordable EV 

Teslarati

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. In 2021, news spread that Tesla might use BYD’s ultra-safe Blade battery for vehicles made in Giga Shanghai. IF Metall claims half of Tesla’s service techs are union members, but Tesla says over 90% are working.

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Mazda hybrid sports car, Lexus EV concepts, used EV prices drop: Today’s Car News

Green Car Reports

Prices on used EVs have dropped enough to counter soaring finance rates and boost affordability. And Lexus previews EVs and some standout tech in Tokyo concepts. Mazda looks to its rotary heritage for a series-hybrid sports car concept. This and more, here at Green Car Reports.

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Lightyear halts production of high-end model to develop more affordable Lightyear 2

Electric Cars Report

Dutch high-tech company Lightyear announced on Monday that it will stop production of the Lightyear 0 solar electric car. The company has decided to redirect its attention to the development and release of the more affordable Lightyear 2 solar EV, set to release in 2025 with a price tag below €40,000.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

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. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

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. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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