Teslarati

MARCH 16, 2024

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. 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.

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Ford’s Model e electric vehicle unit lost $4.7 billion last year.

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Baua Electric

MARCH 20, 2024

While automakers prepare to launch their next wave of electric vehicles, Hyundai already has an EV that checks all the boxes. According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price.

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Baua Electric

JULY 8, 2024

Spanish construction and energy group Acciona is betting on this formula to help remove some of the main hurdles hindering the take-up of electric cars in Spain and elsewhere in Europe: price and driving range. The vehicle can carry two passengers and is designed to work with one or two lithium-ion batteries.

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Baua Electric

SEPTEMBER 5, 2024

Hyundai’s electric vehicles are becoming more affordable in Korea. Hyundai rolls out cheaper EVs in its home market “We have prepared a practical trim that will expand the range of choices and lower the barrier to purchasing an electric vehicle,” a Hyundai spokesperson said. million won), respectively.

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Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Teslarati

NOVEMBER 30, 2023

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. In 2021, news spread that Tesla might use BYD’s ultra-safe Blade battery for vehicles made in Giga Shanghai.

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Baua Electric

JUNE 26, 2024

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. A new affordable EV is coming next year Kia unveiled the EV4 last October as part of its new lineup of mass-market electric vehicles. According to Kia, the EV4 “redefines the electric sedan.”

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Baua Electric

AUGUST 9, 2024

With electric vehicle prices down, this summer may be the time to buy. Several brands are slashing lease prices as new EVs hit the market. New EVs like the Nissan Ariya are on a fire sale with lease prices under $200 per month this August. FTC: We use income earning auto affiliate links.

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Baua Electric

JULY 2, 2024

Kia’s EV sales hit new record in first half of 2024 Kia is on a roll in the US with affordable, long-range models like the three-row EV9 and EV6, reaching buyers. After a record-breaking month in May , with EV sales doubling, Kia hit a new record with 29,392 electric cars sold in the first half of 2024.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Ford sold 20,223 electric cars in the first quarter of 2023, while GM sold 16,425.

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Baua Electric

APRIL 5, 2024

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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Baua Electric

NOVEMBER 18, 2023

the adoption of electric vehicles (EVs) in India has been gaining momentum, driven by various factors such as environmental concerns, government initiatives, and advancements in technology. Various policy measures and incentives have been introduced to encourage both manufacturers and consumers to embrace electric mobility.

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Baua Electric

MAY 17, 2024

Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. However, a low-cost Volkswagen electric car is still in the plans. Despite Renault confirming it was in “good discussions” with Volkswagen to build an affordable EV in February, it looks like the automakers may go their separate ways.

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Baua Electric

APRIL 5, 2024

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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Baua Electric

JUNE 11, 2024

The all-electric city car is expected to be the latest affordable EV to hit the market, but will it make it to the US? Perhaps, most importantly, they are some of the most affordable and fuel-efficient available. Volkswagen also just finished design work on its affordable ID. Hyundai is off to a hot start in 2024.

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Baua Electric

FEBRUARY 7, 2024

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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Baua Electric

MARCH 8, 2024

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday. You can think of it more as the size of a Tesla Model Y.

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Baua Electric

JUNE 24, 2024

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month. The EV3 is the first of Kia’s new low-cost electric car line-up priced from $30,000 to $50,000.

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Baua Electric

MARCH 18, 2024

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 14, 2024

For the first time, Volkswagen announced it aims to start producing its most affordable ID.1 1 electric car, starting at 20,000 euros ($21,700), in 2027. 1 will offer “affordable electric mobility for everyone,” VW brand leader Thomas Shafer said Thursday. 2all SUV, the affordable EVs’ big brother. 4, ID Buzz, ID.7

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Baua Electric

FEBRUARY 2, 2024

Tesla has dropped the price of the two base Model Y trims in Canada, which now means buyers of the popular Model Y AWD could get up to $12,000 in rebate in Quebec. This could be big as the Dual Motor version of the electric SUV is popular in the cold region. FTC: We use income earning auto affiliate links.

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Teslarati

FEBRUARY 26, 2024

Renault unveiled the Renault 5 city car at an automotive show in Switzerland this week, with its latest electric vehicle (EV) being a small, affordable option for European markets. As expected, the Renault 5 EV was unveiled at the Geneva International Auto Show on Monday, and it can now be seen on the automaker’s website.

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Teslarati

AUGUST 6, 2024

The Chinese automaker’s NEV sales include battery electric and hybrid vehicles. BYD’s battery electric vehicle (BEV) sales fell by 10% compared to June. On the other hand, BYD’s plug-in hybrid electric vehicle (PHEV) sales increased by 67% year-over-year and 8% compared to June 2024.

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Baua Electric

MARCH 19, 2024

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

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Baua Electric

JUNE 7, 2024

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Electric vehicle prices have fallen significantly in the US after a series of aggressive price cuts led by Tesla over the past few years. Hyundai Kona EV lease prices are even lower than the gas-powered model.

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Electric Vehicles India

APRIL 2, 2023

Ola S1 Pro is now available at Rs 1,24,999, a reduction from its earlier price. Ola Electric’s CEO, Mr. Bhavish Aggarwal, on Friday tweeted that the beginning price for the Ola S1 Pro has been reduced to 1,24,999. Emotions of our leadership team right after we announced the price drop. Friday EOD.

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Baua Electric

MARCH 22, 2024

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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Baua Electric

JUNE 10, 2024

The 2025 Chevy Blazer EV will debut with lower starting prices. However, with a lower price tag, some features are also getting cut. 2025 Chevy Blazer EV prices cut (again) Although Chevy introduced the Blazer EV back in 2022, the all-electric SUV hit the market in mid-2023. Here’s what you should know.

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EVehicleShop

JANUARY 23, 2023

Tata is one of the greatest players in the electric vehicle market and the company made it possible through its super affordable electric cars and constantly expanding infrastructure. Amid Auto Expo 2023, the company has again announced its price drop for all its nine models.

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The Truth About Cars

NOVEMBER 8, 2023

Wholesale used-vehicle prices reportedly saw a modest dip through the end of last month. Cox Automotive’s Manheim Index, which tracks wholesale used-vehicle pricing for Manheim auctions, only dropped 2.3 Periods of more intense buying by dealers can drive wholesale price appreciation. percent in October.

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Teslarati

APRIL 30, 2023

Chinese electric vehicle manufacturer NIO appears to be preparing to capture some market share from mainstream automakers like Volkswagen. According to recent reports, NIO plans to launch a competitively priced model for the European market at a price tag below 30,000 euros (about $33,060).

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Teslarati

JANUARY 21, 2024

While BYD exceeded Tesla in raw battery electric vehicle deliveries at the end of 2023, the American EV maker is still one of the world’s undisputed leaders in the electric vehicle sector. “If you go and cut pricing disregarding the reality of your costs, you will have a bloodbath.

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Baua Electric

APRIL 26, 2024

Amid slowing adoption of electric vehicles, Maruti Suzuki -the country’s largest car maker continues to explore different alternatives to move towards carbon neutrality. Bhargava did not share any specific timelines for the affordable hybrids.

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Baua Electric

JULY 11, 2024

Kia sold more electric vehicles in the US in Q2 than its sister company, Hyundai. Kia’s first three-row electric SUV is already fueling a sales spike. Kia EV9 GT-Line (Source: Kia) Starting under $55,000 (not including destination), Kia’s three-row electric SUV is helping revamp the brand in the US. Discover for yourself.

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Push EVs

APRIL 8, 2023

Norway’s plugin electric vehicles took 91.1% share of the auto market in March, down from 91.9% Overall auto volume was 19,366 units, up some 19% YoY, and the highest March sales since at least 2016 (though compensating from a hangover earlier in Q1). full electrics (BEVs), and 4.3% year on year. comprised 86.8%

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Baua Electric

JANUARY 5, 2024

According to a local media report, Volkswagen is delaying volume production of the affordable electric car. Volkswagen’s ID 2all EV production is being delayed A report from the German magazine auto motor und sport claims that Volkswagen’s ID 2all will go into mass production in May 2026 rather than 2025.

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