Green Car Congress
JULY 28, 2015
The gross refining margin is nothing but the difference between the value of the refined products and price of the crude oil. In case of Saudi Arabia, the price of crude oil would be extremely low. The crude is so cheap it’s pretty much free for them, the margins are going to be massive. By offering almost 2.8 In fact, at $5.60
Baua Electric
FEBRUARY 3, 2024
In Thailand, a tuk-tuk (a fun onomatopoeia that arose from the traditionally loud two-stroke engines powering them). My favorite part of this vehicle is just how cheap it is – a mere $592! First, that’s likely the price without batteries. This one style of vehicle is known by many names. In India, it’s an auto rickshaw.
The Truth About Cars
AUGUST 15, 2023
Despite fuel prices and an economy that seems poised to bolster the sale of value-focused cars, the United States is losing another one. From Automotive News : With a starting price of $17,340 including shipping, the subcompact [Mirage] has a singular selling point: efficient transportation at a bargain-basement price.
Baua Electric
MARCH 4, 2024
Chinese OEMs are now producing good-quality vehicles, and thanks to cheap labor, government subsidies and economies of scale, they’re able to offer these at prices no Western automaker can hope to match. It’s building factories in Brazil, Thailand, Hungary and Uzbekistan, and will soon break ground on a plant in Mexico.
EV Central
JUNE 24, 2023
A year later Toyoda hosted the unveil of the HiLux-based Revo EV in Thailand. Meanwhile, Hanley promised the bZ4x would be competitive priced against the Tesla Model Y. I’ve often said BEVs aren’t cheap but we also know that in an accelerating BEV market we have got to be competitive,” said Hanley.
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