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Below $30,000! MG 2 coming in 2025 to shatter electric car price barrier

EV Central

Chinese-owned MG is hatching a cheaper sibling to its current all-electric MG 4 that will share tech but be priced from less than €20,000 ($33,000) when it makes its debut in 2025. Also in the pipeline is an all-electric ZS SUV and an MG 4-based wagon. READ MORE: Park that Toyota Yaris! The post Below $30,000!

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Hyundai to launch a new electric mini-SUV at €20K

Baua Electric

Hyundai is prepping an electric entry-level mini-SUV called Casper to take on rivals Dacia Spring and Citroën’s ë-C3 in Europe. The best part, the price is aimed at that elusive yet coveted €20,000 range (about $21.5K). The post Hyundai to launch a new electric mini-SUV at €20K appeared first on Bauaelectric Auto News.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

Bloomberg recently reported more deeply on the project, noting that The Blue Oval may be planning up to three new electric models on the new architecture, including a compact SUV and a small pickup truck. However, the threat of China flooding the market with cheap electric models is too frightening to ignore.

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Race to break the $30K barrier: Volkswagen will launch ID.1 budget-buy in 2027

EV Central

Volkswagen has confirmed it is hatching an all-new entry-level replacement for the Up city car that will be priced from less than €20,000 ($A33,000) when it arrives in 2027. The announcement of what is expected to be called the ID.1 1 comes just days after the MG revealed work was underway on a sub-$30,000 EV expected to be called the MG2.

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Battle for ‘tech luxury’ in China as EVs get smarter – and cheaper – ET Auto

Baua Electric

But other Chinese automakers, including state-run companies that were later entrants to the EV race, have closed the gap on sub-USD 10,000 EVs at the Beijing auto show that began Thursday. Last year, BYD shocked the automotive industry with the release of its Seagull EV, now priced under USD 10,000, at the Shanghai auto show.

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Cheaper than a BYD Dolphin or MG4! New Renault Twingo to be reinvented as $33,000 electric vehicle

EV Central

Widely seen as a French fight back against the influx of cheap Chinese imports in Europe, when it lands the next-gen Renault Twingo is primed to cost less than €20,000 ($A33,000) before subsidies – around $5000 cheaper than the current BYD Dolphin in Australia. 2 and at least two affordable rivals from the Hyundai and Kia.

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BYD’s luxury brand unveils its first sedan, the sleek U7, with over 1,000 horsepower

Baua Electric

But it won’t be cheap. Less than a month ago, BYD launched the Song L electric SUV. According to a report from Chinese research firm CarFans , the electric SUV scored over 8,000 orders in its first three days on the market. Yangwang didn’t release any further info, but said prices will be around $140,000 (1 million RMB).

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