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Ford asks suppliers for ideas to cut EV costs in an all-win-or-lose push for profitability

Baua Electric

In a new memo, Ford asked suppliers about ideas to cut EV costs after its Model e unit continued to bleed billions in Q1. Like many rivals, Ford introduced significant price reductions to keep up with Tesla’s price cuts. For example, after dropping Mustang Mach-E prices 17% earlier this year, volume shot up by 141%.

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Tesla Optimus price to be less than $25k-$30k over time: Elon Musk

Teslarati

As per Musk in a recent post on X, he still thinks that the Tesla Optimus price would be around half of a car. Considering that Tesla’s most popular car today, the Model Y, starts at $43,990 in the United States, the CEO seems to be hinting at a price of less than $25,000-$30,000 for Optimus.

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Panasonic cools on idea for third US plant for Tesla batteries

Baua Electric

Panasonic has been working to increase the energy density of the 2170 cell , with the company saying that the new improvements could help reduce the overall cost of an EV. The post Panasonic cools on idea for third US plant for Tesla batteries appeared first on Bauaelectric Auto News. Get started here.

IDEA 52
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UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”. Depreciation.

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

Which automaker priced its hardware set allowing its EVs to back up the home? Which EV brand has the lowest ownership costs of any automotive brand? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend.

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Tesla and other EV makers could see higher prices for battery materials in 2022

Teslarati

Batteries for electric vehicles are now seeing a price hike in China, with the cost of raw materials such as lithium seeing a substantial increase in price. What is interesting is that the price hike of battery materials is happening while the industry is becoming more and more prolific.

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UC Santa Cruz prof suggests self-driving cars will torpedo parking pricing as effective congestion management policy; “incentive to create havoc”

Green Car Congress

In this paper, I identify and analyze a new channel through which AVs will have unambiguously negative environmental consequences—the removal of parking pricing, one of the most effective congestion management policies, from the urban transportation policy toolbox. As a policy, congestion pricing is difficult to implement.

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