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Ford may build its affordable EV platform in this key overseas market to revamp sales

Baua Electric

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. FTC: We use income earning auto affiliate links.

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Sokudo Electric to build in-house motor and controller plant to boost E2W R&D – ET Auto

Baua Electric

Sokudo Electric , an Indian manufacturer of electric two-wheelers (E2Ws), is building an in-house advanced motor and controller plant spread over 20,000 sq.ft This strategic expansion has been planned to boost Sokudo Electric India’s production speed and develop four new electric two-wheeler models at affordable prices.

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Honda admits it needs affordable EVs with plans for an electric Civic successor

Baua Electric

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new “0 series” electric brand at CES earlier this month. FTC: We use income earning auto affiliate links.

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus. The post Tesla is no longer just a luxury brand, says major auto outlet appeared first on TESLARATI.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. BYD last year sold 1.57

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Volkswagen announces production start date for its most affordable $20K ID.1 EV

Baua Electric

For the first time, Volkswagen announced it aims to start producing its most affordable ID.1 1 will offer “affordable electric mobility for everyone,” VW brand leader Thomas Shafer said Thursday. Volkswagen to begin building $20K ID.1 However, the biggest challenge will be deciding where to build it. Work on the ID.1

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BYD produces 200K units of its most affordable EV 

Teslarati

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. It debuted at the Shanghai Auto Show in April 2023 with a price tag of $11,300 in China. The post BYD produces 200K units of its most affordable EV appeared first on TESLARATI. The base Seagull variant starts at RMB 73,800 ($10,360).

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