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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by up to $8,100 in February with new finance and lease incentives. FTC: We use income earning auto affiliate links. billion last year.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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April auto gross sales defy financial hesitancy

Baua Electric

Stated Zack Krelle, an analyst with TrueCar: “Interest rates on vehicle loans appear to be plateauing as manufacturers offset higher financing costs with increased APR-based relief.” ” Regardless of buying groceries process, affordability extra a priority.

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3 Top Tips—How To Get a Great Deal on Your New Car

Clean Fleet Report

With all the car makes, models and prices navigating the world of auto sales can seem like a real challenge. From understanding the market to making sure to shop at a reputable dealer like the King of Cars Texas , you’ll need to read this guide for more tips. Knowing how much you can afford and sticking to it is crucial.

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Fisker pivots to franchised dealerships for EV sales, support

Baua Electric

“We are evolving our business model and intend to add as many as 50 dealer partners in the U.S. and Canada and a similar number of dealer locations in Europe this year,” CEO Henrik Fisker said in a statement to Reuters. In Europe, the company plans a hybrid model, signing up dealers while continuing direct sales.

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Hyundai introduces decked-out IONIQ 6 EV Black Edition

Baua Electric

Hyundai IONIQ 6 Limited (Source: Hyundai) Hyundai recently introduced a rare 0% finance offer on the 2024 IONIQ 5. Starting at $32,675, the Kona Electric is already one of the most affordable EVs on the market, but Hyundai is sweetening the deal with a $7,500 cash offer.

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Upcoming Changes to the Clean Vehicle Tax Credit Explained

Blink Charging

Now consumers will be able to transfer their tax credit directly to the dealer at the point of sale. This simplifies the process, benefiting both consumers and the dealerships, but it also requires dealers to register on an IRS portal. These changes make it easier for drivers to access tax credits when purchasing clean vehicles.