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

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. That’s around 9% of its sales.

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BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

BMW is hoping to take some of the shine off of Tesla’s crown with a new incentive that gives buyers a $1,000 discount to buy one of its new EVs. Cars Direct reported that the BMW 2024 BEV Conquest Program includes several other brands, including Audi, Mercedes-Benz, Polestar, Porsche, Rivian, and Lucid. Ford Mustang Mach-E and VW ID.4

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Report: Future BMW I3 Will Be Less Weird Than Original

The Truth About Cars

But the model fell short in terms of range and luxury, especially in relation to MSRP, resulting in a de facto city car for those who liked the idea of owning a BMW-badged EV. It could be argued that the i3 ended up a failure due to the fact that BMW never figured out how to produce them cheaply enough to be a volume vehicle.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. Tesla’s tally is obviously the key to the 385.4

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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Source: Lux Research. Click to enlarge.

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The i4 EV is now the cheapest lease in BMW’s entire lineup

Baua Electric

Photo: BMW The all-electric BMW i4 is currently the most affordable car to lease in the German automaker’s lineup – gas cars included. BMW is a luxury automaker, so the i4 isn’t a cheap car. What’s more, the i4 isn’t even one of BMW’s entry-level models. That puts the effective monthly cost at $627.

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Are 100-mile BMW, Nissan, VW electric cars already a lost cause?

Green Car Reports

The continuing tepid sales of the Nissan Leaf electric car, despite a range upgrade to 107 miles, remains one of the puzzles in the plug-in car market. Sure, it's an aging model now in its sixth year with a polarizing design; it lost a huge swath of buyers in Georgia when that state canceled its electric-car tax credit; and gas is cheap.

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