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Mazda hybrid sports car, Lexus EV concepts, used EV prices drop: Today’s Car News

Green Car Reports

Prices on used EVs have dropped enough to counter soaring finance rates and boost affordability. Mazda looks to its rotary heritage for a series-hybrid sports car concept. And Lexus previews EVs and some standout tech in Tokyo concepts. This and more, here at Green Car Reports.

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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

One factor that is coming into clear focus is pricing, as Ford recently found out with the Mustang Mach-E. In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers.

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PHEV conversion company Echo Automotive completes $3M financing, joins CALSTART

Green Car Congress

a developer of technologies enabling the conversion of existing fleet vehicles into plug-in hybrid electric vehicles, completed a $3-million financing with United Fleet Financing, LLC, through a private placement offering and mezzanine financing. per share and warrant rights with a strike price of $0.65.

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Price shock! MG declares war on BYD and GWM Ora with permanent MG4 and ZS EV discounts up to $10,000

EV Central

The Australian electric car price battle has been supercharged by dramatic permanent MG discounts for the MG4 compact hatch and MG ZS EV compact SUV. MG has effectively excised on-road costs, declaring all models in both ranges national drive-away at their current prices or lower. But MG has since clarified that.

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Electric Vehicle Spotlight: Financing a Volkswagen ID.4

EV Life

Volkswagen also added an entry-level standard trim with a more attractive base price to its lineup, further expanding the ID.4’s 4 has to offer, compare available trims, and take a look at how you can save money with EV incentives by financing through EV Life. In this spotlight, we will examine everything the Volkswagen ID.4

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BMW Offering Significant Discounts On the Polarizing XM SUV

The Truth About Cars

Its price and, um, controversial styling are the most likely culprits, but BMW’s new offer (somewhat) takes care of half of those challenges. percent financing deal. percent financing deal. The automaker sold just 541 of the high-priced SUVs in the first quarter, making it the company’s second worst-selling model.

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Electric Vehicle Spotlight: Financing Chevrolet Equinox EV

EV Life

Release Date: Fall 2023 Starting Price: $30,000 Chevrolet has become a pioneer in the electric vehicle market. We’ll also show you how to save a ton of money by financing your purchase through EV Life. Comparing Chevrolet Equinox Trims at a Glance Chevrolet Equinox Version Base Price (est.) Enter the Chevrolet Equinox EV.