The Truth About Cars

JANUARY 24, 2024

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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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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Teslarati

APRIL 3, 2024

The incentives seem to be part of the electric vehicle maker’s efforts to boost its vehicle sales in the country. Tesla China leaned into its vehicles’ affordability in its post on Weibo. The best-selling Model 3/Y has a daily payment of only RMB 154 at most, which is equivalent to the price of a hot pot meal.

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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 77.4 305 $46,365 Limited RWD 77.4

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Teslarati

DECEMBER 12, 2022

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. According to data released by Kelly Blue Book , EV prices were up by 2% compared to October and up 9% from November 2021. compared to October and 4.4%

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Baua Electric

APRIL 26, 2024

In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. Sales were down 20% from a year earlier, but revenue was down 84%, something Ford attributed to industry-wide EV price cuts. As reported by CNN , Ford said its EV unit lost $1.3

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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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The Truth About Cars

FEBRUARY 12, 2024

Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model. That pushes the lease price down to $379 to start, and the down payment is at just $2,500.

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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. 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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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. FTC: We use income earning auto affiliate links.

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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. 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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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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Green Car Congress

JUNE 25, 2022

New-vehicle retail sales for June 2022 are expected to decline when compared with June 2021, according to a joint forecast from J.D. Retail sales of new vehicles this month are expected to reach 965,300 units, a 18.2% Comparing the same sales volume without adjusting for the number of selling days translates to a decrease of 15.0%

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Green Car Congress

SEPTEMBER 6, 2023

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% Luxury EVs Still Wield Outsize Influence on Affordability. Industry-wide, Tesla currently accounts for 63% of all EV sales year to date. of the total new-vehicle retail market. Methodology. Power EV Index and the J.D.

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Baua Electric

MARCH 25, 2024

Through the initiative, Nissan aims to reach 1 million in annual sales with an operating profit margin of over 6% by the end of fiscal 2026. The automaker expects electrified vehicles to account for 40% of global sales by 2026 and 60% by 2030. By 2026, Nissan targets 1 million units in annual sales, an increase of 200,000.

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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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The Truth About Cars

APRIL 12, 2024

It’s also surprisingly affordable for what it brings to the table, and a new report from CarsDirect suggests it’s about to get even less expensive. The publication uncovered a letter to dealers that outlines price cuts for the 2024 Bronco Sport, bringing prices down by close to $2,000 for some configurations.

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Baua Electric

MARCH 8, 2024

The Chevy Blazer EV stop-sale finally ended Friday after almost three months. With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The company confirmed it was temporarily pausing sales to fix a software quality issue.

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EV Central

APRIL 3, 2024

The electric car pricing war is well and truly underway! The GWM Ora is now clearly the cheapest and most affordable new electric car sold in Australia thanks to $35,990 drive-away pricing announced this morning for the Standard Range model. MG4 was the price leader before the GWM Ora undercut it by $4000.

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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. sales in calendar year 2023. inch infotainment screen.

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Green Car Congress

FEBRUARY 24, 2021

These high prices result from uncommonly large fixed costs that are bundled into kilowatt-hour prices and passed on to customers. Key findings from the report include: California IOUs’ prices for electricity are out of line with the rest of the country. The report examines a variety of implementation options for this model.

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Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. With the price increase in place, the Model 3 LR now starts at a price of $46,990. Previously, the vehicle was priced at $45,990 before options.

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Green Car Congress

JULY 18, 2023

Ford is cutting the prices on its entire F150 Lightning electric pickup truck lineup, with reductions ranging from $9,979 for the Pro to $6,079 for the top-of-the-line Platinum Extended Range. Customers will now have greater availability of their built-to-order truck as early as October at an MSRP closer to initial Lightning pricing.

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Teslarati

JANUARY 16, 2024

Tesla made up more than half of the total electric vehicle sales in the United States with only two of its models, according to new figures from Kelley Blue Book. EV sales in 2023, making up 615,407 of the 1,189,051 EV units that were sold in the country. in 2023, accumulating 394,497 sales. This is 51.7

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Baua Electric

APRIL 26, 2024

Speaking to media post FY-24 earnings, the top management stated that HQ Suzuki is working on an affordable hybrid solution for the compact cars and it will seriously consider the more expensive plug-in hybrid technology for the future. Bhargava did not share any specific timelines for the affordable hybrids.

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Baua Electric

JANUARY 17, 2024

Rad Power Bikes , one of the leading electric bicycle companies in the US, has just slashed prices on all of its e-bikes. The company made the announcement today, effectively ushering in many of the best holiday sales from late last year as new permanent pricing for 2024. FTC: We use income earning auto affiliate links.

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Teslarati

JANUARY 4, 2024

The Model 3 and Model Y have routinely been popular used EVs due to their strong resale price and value. percent of total 1-t0-5-year-old used EV sales for 2023, while the Model Y accounted for 11.9 percent of the sales. percent total sales share in 2022, respectively. The Model 3 made up 34.9 The vehicles had a 9.8

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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. million in sales (wholesale). Kia EV lineup from left to right: EV6, EV4, EV5, EV3, EV9 (Source: Kia) Kia is launching price-competitive electric models, including the EV3, EV4, and EV5. trillion won).

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Green Car Congress

MAY 10, 2022

More than 250,000 Californians have now received a financial Clean Fuel Reward at the point of sale when they purchased or leased a plug-in electric vehicle—an important milestone for this program after only 18 months since it began. Of the total rewards, 21.2%

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Baua Electric

APRIL 25, 2024

This marks a new page for Gogoro, the world’s largest battery-swapping network operator, and makes swappable battery electric scooters more affordable than ever. According to Gogoro, JEGO sales are showing the strongest demand for a Gogoro vehicle since the beginning of the pandemic. FTC: We use income earning auto affiliate links.

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Electrek

JULY 2, 2021

Head below for other New Green Deals that we’ve found today, more on why going electric for your yard tools like the mower on sale is important, and of course Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

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Green Car Reports

FEBRUARY 8, 2021

Plug-in hybrid sales sputter in California. The 2021 Hyundai Ioniq lineup arrives, just ahead of an Ioniq 5 debut. And Massachusetts aims to soften the sting of demand charges on EV charging. This and more, here at Green Car Reports. The 2021 Hyundai Ioniq Hybrid, Ioniq Plug-In Hybrid, and Ioniq Electric arrive to dealerships soon.

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Teslarati

MARCH 18, 2023

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

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Teslarati

FEBRUARY 20, 2024

Ford has knocked down prices of the 2023 Mustang Mach-E, trimming thousands of dollars off of some trims in the lineup. is now more affordable than ever. The post Ford knocks down Mustang Mach-E prices, now offering sub-$40k trim appeared first on TESLARATI. Discounts on the F-150 Lightning amounted to as much as $15,000.

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Teslarati

APRIL 25, 2023

Tesla’s most recent round of price cuts to the Model Y have brought the vehicle’s introductory trim level to a starting price below that of the average new car or truck in the United States. Data from March 2023 put the average transaction price for a new car or truck in the U.S. percent in 2021. And they have.

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Green Fleet Magazine

FEBRUARY 23, 2024

Meanwhile, used vehicle retail sales pick up in January thanks in part to vehicle prices being down 4% year-over-year, boosting affordability.

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Teslarati

OCTOBER 5, 2023

Tesla seems determined to push as many Model 3 sedan and Model Y crossover sales in the United States this fourth quarter. As per updates on Tesla’s official order pages for its two best-selling all-electric vehicles, the Model 3 and Model Y have received a fresh batch of price cuts.

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