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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Suzuki Motor working on affordable hybrid for small cars, says R C Bhargava, Maruti to consider plug-in hybrids too | Autocar Professional

Baua Electric

Speaking to media post FY-24 earnings, the top management stated that HQ Suzuki is working on an affordable hybrid solution for the compact cars and it will seriously consider the more expensive plug-in hybrid technology for the future. Bhargava did not share any specific timelines for the affordable hybrids.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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QOTD: Are You Worried About Auto Loans?

The Truth About Cars

We reported on auto-loan delinquencies yesterday since they're at a record high, though subprime loans are the biggest cause for concern. Still, the high level of delinquency isn't exactly a great sign for the industry or the overall economy. So what do you think of this news? Sound off below.

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

of the entire auto market. The steady rise of EVs is occurring against a backdrop of slower overall auto sales. The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity.

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2024 GLA, the most-affordable Mercedes SUV, launched with updates in India

Baua Electric

It is the most affordable SUV in the brand’s lineup and it now starts at ₹ 50.50 seconds and return a claimed fuel economy of 18.9 First Published Date: 31 Jan 2024, 13:04 PM IST The post 2024 GLA, the most-affordable Mercedes SUV, launched with updates in India appeared first on Bauaelectric Auto News.