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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Renault introducing new affordable urban EV in China first in 2019, new electrification options on three popular models in 2020

Green Car Congress

Renault will introduce a new, affordable urban electric vehicle in 2019, coming first to China, and new hybrid and plug-in hybrid options on three of its popular vehicles in 2020. Renault also plans to further electrify its range in its 2020 product refresh cycle, offering hybrid on Clio and plug-in hybrid on Megane and Captur.

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New Vehicle Supply Spikes, Affordability Surges

Green Fleet Magazine

Inventory levels reach the highest point since June 2020 while the number of buyers who can afford a new vehicle is the best since June 2021.

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

This marks a 6% drop from $140/kWh in 2020. This would impact EV affordability or manufacturers’ margins and could hurt the economics of energy storage projects. All prices are in real 2021 $, unless stated as nominal.) Although battery prices fell overall across 2021, in the second half of the year prices have been rising.

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Volkswagen unveils 2020 Passat at NAIAS

Green Car Congress

unveiled the new 2020 Passat at the North American International Auto Show in Detroit today. Passat is the only midsize sedan to offer German driving dynamics at an affordable price and has long resonated with buyers for its combination of comfort, reliability and driving dynamics. Volkswagen of America, Inc.,

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EV battery pack prices fell 13% in 2020, some are already below $100/kwh

Green Car Reports

Electric-car battery-pack prices have fallen 13% in 2020, in some cases reaching a crucial milestone for affordability, according to an annual report released Wednesday by Bloomberg New Energy Finance (BNEF).

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. The compact crossover segment is the largest in the world, with annual volumes of more than 13 million vehicles.

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