Remove Affordable Remove Auto Industry Remove Chinese Remove Range
article thumbnail

Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

article thumbnail

Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

However, the study reveals there has been an increase in interest in the US and Chinese markets. The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Source: Ipsos.

Global 429
article thumbnail

Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. The all-electric vehicles produced by the JV will be sold under a new Chinese brand designed to meet Chinese consumers’ aspirations for electric vehicles. Earlier post.).

China 150
article thumbnail

GM China begins prototype battery cell fabrication

Green Car Congress

These systems are expected to be more affordable for GM customers around the world and help GM expand vehicle electrification. Plug-in electric vehicles will play a critical role for the global auto industry to cope with issues related to fuel supply and environmental sustainability. Earlier post.).

GM 252
article thumbnail

BYD launches lower-priced version of its Tesla Model 3 rival electric sedan, starting at $25K

Baua Electric

kWh BYD Blade battery packs, providing 550 km (342 mi) and 700 km (435 mi) CLTC range, respectively. kWh battery for up to 650 km (404 mi) CLTC range. BYD Seagull (Dolphin Mini) testing (Source: BYD) With prices under $10,000, BYD’s new Seagull has sent shockwaves throughout the global auto industry.

BYD 52
article thumbnail

VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. However, Winterkorn said, VW, and the German auto industry in general, abandoned the early advantage and work in electromobility. We are witnessing an electro-hype.

2013 150
article thumbnail

Best EVs of 2022: Our verdict on the new electric cars of the year

EV Central

The EV newcomer is largely unheard of but arrived with an affordable bang in the form of the Atto 3. If electric vehicles really are going to take over our highways and byways then they are going to have to get a whole lot cheaper while also offering respectable range, performance and equipment levels. Biggest EV surprise of 2022.