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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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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. And it definitely won’t be among the five new electric SUVs Toyota plans to launch by 2026, Autocar noted. Toyota has launched a C-HR plug-in hybrid in Europe, too.

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Nissan says no more ICE funding amid Toyota, other rivals’ new engine commitment

Baua Electric

Nissan Ariya electric SUV (Source: Nissan) Nissan says ICE engine funding is not part of the future Despite Japanese rivals Toyota, Mazda, and Subaru committing to developing more efficient next-gen ICE engines , Nissan is still looking toward an all-electric future. Meanwhile, Toyota and other Japanese rivals are moving backward.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. Toyota is the latest automaker to dismiss the viability of an affordable EV —in this case, specific to the European market. Ram introduces a lineup of electric vans. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify.

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New Toyota CEO tackles EV profitability with renewed vigor

Teslarati

New Toyota CEO, Koji Sati, has announced a new three-part plan to help make the company’s EV strategy profitable as soon as possible. And that is precisely what has happened with Toyota’s new CEO, Koji Sato, who has more aggressively pursued electric vehicles. Toyota now plans for an annual production capacity of 1.5

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A cheap Toyota EV? Not right now, the company says

Baua Electric

If you were waiting for a smaller, cheaper Toyota electric car, you may have to keep waiting. Toyota has no current plans to launch a cheap EV despite demand building. Toyota’s European product development boss, Andrea Carlucci, told Autocar that battery costs make a cheap EV unlikely. million vehicles globally last year.

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Toyota is already offering $10k off a lease for its fully electric 2024 bZ4X

Baua Electric

Photo: Toyota Toyota has made its fully electric 2024 bZ4X – which only just landed on dealers’ lots – available to lease with a $10,000 discount. Toyota’s 2024 bZ4X lease deal Toyota released prices and specs of the 2024 bZ4X in January, and it hasn’t even been available at dealerships that long. of its total US sales.