article thumbnail

Honda battery leasing venture sets stage for more affordable EVs

Green Car Reports

Battery leasing has long been considered as a way of helping make EVs more affordable, and it appears that Honda is embarking on a business venture that might allow that idea to be scaled up. The joint venture company called Altna, announced Thursday, has been formed as a 50/50 venture between Honda Motor Co. and Mitsubishi Corporation.

article thumbnail

Ford poaches ex-Tesla, Rivian, and Apple talent to develop affordable EVs

Electrek

As the race heats up to introduce more affordable electric cars, Ford is bringing on some of the best EV engineers to help it compete. Over the past few months, Ford has hired talent from Tesla, Rivian, Apple, and Lucid to help accelerate the development of affordable EVs.

article thumbnail

GM exec: 2026 Chevy Bolt EV will be most affordable US EV

Green Car Reports

When the Chevrolet Bolt EV returns next year it will be the most affordable EV in the U.S., Marissa West, president of General Motors North America, said in a recently published interview with Automotive News. GM discontinued the Bolt EV at the end of 2023 but has since then emphasized it's coming back.

article thumbnail

Volkswagen’s new EV focus combines customer needs with affordability

Teslarati

In 2027, Volkswagen Group said it would launch a lineup of entry-level and affordably priced electric vehicles under the Brand Group Core. ” Yesterday, we reported on one of Stellantis’s ideas for increasing EV adoption: creating an affordable EV under the Jeep brand , which has a loyal following. VW wants to change that.

article thumbnail

Affordable EV incoming! Jeep locks in affordable electric SUV that will shock you with its price

EV Central

Stellantis boss Carlos Tavares has pledged that Jeep’s affordable all-electric SUV will be priced from less than US$25,000 ($A37,500) in the USA – almost US$19,000 less than the cheapest Tesla Model Y. “If you ask me what is an affordable BEV, I would say 20,000 euros in Europe and $25,000 in the US,” Tavares said.

Jeep 78
article thumbnail

GM Says Second-Gen Chevy Bolt Will Be Most Affordable EV In The US

CleanTechnica EVs

It says the new Chevy Bolt will be the most affordable EV in the US. The post GM Says Second-Gen Chevy Bolt Will Be Most Affordable EV In The US appeared first on CleanTechnica. General Motors set an electric car sales record in May.

article thumbnail

T&G Asks, “Where Are The Affordable Electric Cars?”

CleanTechnica EVs

Transport & Environment claims European automakers are prioritizing expensive cars at the expense of affordable electric cars. The post T&G Asks, “Where Are The Affordable Electric Cars?” ” appeared first on CleanTechnica.