Baua Electric

FEBRUARY 2, 2024

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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CleanTechnica EVs

MAY 13, 2023

Tesla’s price reductions in the first quarter of the year have sent waves through the auto industry. As legacy automakers and startups both try to catch up to Tesla’s electric vehicle dominance, some are wondering if the automaker’s price cuts could actually spur on a quicker transition to EVs.

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Baua Electric

APRIL 26, 2024

In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. Sales were down 20% from a year earlier, but revenue was down 84%, something Ford attributed to industry-wide EV price cuts. As reported by CNN , Ford said its EV unit lost $1.3

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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. The post BYD produces 200K units of its most affordable EV appeared first on TESLARATI.

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Baua Electric

MARCH 17, 2024

The ever-growing market shift towards high-riding vehicles in the past few years has resulted in almost all major manufacturers introducing affordable, entry-level SUVs in India. On that note, here’s a list of the top 10 most affordable SUVs in India. Maruti Suzuki Brezza Starting price: Rs 8.3 Tata Nexon Starting price: Rs 8.15

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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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Baua Electric

APRIL 5, 2024

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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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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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

MARCH 25, 2024

Nissan’s “product offensive” will include new development and manufacturing upgrades to make EVs more affordable. FTC: We use income earning auto affiliate links. The post Nissan to make EVs more affordable, plans to slash costs to reach EV/ICE price parity appeared first on Bauaelectric Auto News.

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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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Teslarati

MARCH 6, 2024

Tesla’s ( NASDAQ: TSLA ) price target was cut by Morgan Stanley, a firm that has had a bullish outlook on the automaker’s stock for several years. “EV demand continues to decelerate despite continued price cuts,” Jonas wrote. Price Target Jonas reduced Tesla’s price target to $320 from $345.

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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. One of them, the Kia EV3, is expected to launch by the end of the year.

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Baua Electric

JANUARY 17, 2024

Rad Power Bikes , one of the leading electric bicycle companies in the US, has just slashed prices on all of its e-bikes. The company made the announcement today, effectively ushering in many of the best holiday sales from late last year as new permanent pricing for 2024. FTC: We use income earning auto affiliate links.

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CN EV Post

DECEMBER 6, 2023

Pressured by emerging Huawei cars, Li Auto has been running deep cash discount for quite a long period of time. When Li Auto makes 20% gross profit on the price tag while offering 12% cash discount. There is a limit on how much more cash discount Li Auto can afford.

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Baua Electric

JANUARY 20, 2024

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. inch infotainment screen. with other markets to follow.

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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. Sources familiar with the matter say the first model will launch in 2026, with starting prices around $25,000.

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Baua Electric

APRIL 26, 2024

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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Baua Electric

FEBRUARY 2, 2024

By: HT Auto Desk | Updated on: 02 Feb 2024, 14:07 PM MG cars now carry new price stickers, making them more affordable than before. MG Motor India on Friday announced new prices for its 2024 range of car models as part of its centenary year celebrations. The Astor price range now begins at ₹ 9.98

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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 will offer “affordable electric mobility for everyone,” VW brand leader Thomas Shafer said Thursday. 2all concept is “spacious like a Golf and affordable like a Polo,” according to VW. 2all SUV, the affordable EVs’ big brother.

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Baua Electric

FEBRUARY 11, 2024

Electric boating is and exciting and growing industry, but the high price of most well-known electric boats has kept them out of reach for most of us. These are the most affordable options out there appeared first on Bauaelectric Auto News. Here’s a collection of some of The post Want a low-cost electric boat?

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Baua Electric

JULY 12, 2023

The Geneva auto display will go back in 2024 with a unutilized, “affordable” thought for exhibitors and guests. 26 to March 3 after age in its conventional house on the Palexpo conference middle akin Geneva airport with a changed exhibition thought and decrease lodge prices. to fourteen this age.

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Baua Electric

JANUARY 31, 2024

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia EV lineup from left to right: EV6, EV4, EV5, EV3, EV9 (Source: Kia) Kia is launching price-competitive electric models, including the EV3, EV4, and EV5. trillion won). million won). By 2030, Kia looks to sell 1.6

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Baua Electric

APRIL 30, 2024

Used EVs are selling at lower prices than last year. And the most affordable Lexus gets more fuel-efficient. While last week marked the debut of the 2025 Mercedes-Benz G 580 with EQ Technology—the electric G-wagen to the rest of us—this week a more affordable version arrives. This and more, here at Green Car Reports.

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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

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. In an overnight update of its online vehicle configurator, Tesla has slashed the price of Model Y in Canada. FTC: We use income earning auto affiliate links.

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Baua Electric

MARCH 11, 2024

While it lacks some of the fancier features seen in many of today’s leading e-bikes, it still appears to pack in some solid performance at an incredibly low price. For the sale price of $799 , that’s already a great feature to see. Priced at $799 , it is expected to begin shipping to riders soon. Engwe tells us that the L20 2.0

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Affordable electric cars are coming Kia has already revamped the brand as the industry transitions to electric with a new logo and design. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Baua Electric

MARCH 20, 2024

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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Teslarati

APRIL 30, 2023

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). Li, who is also the co-founder of the EV maker, acknowledged that this pricing strategy will put more competitive pressure on Volkswagen.

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Baua Electric

MAY 1, 2024

It could also avert price wars that EVs are going through. China has amassed a ferocious pack of EV-makers, led by the world’s top producer BYD , that are not only forcing price cuts but are also pushing the envelope on autonomous vehicles.

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Green Car Reports

FEBRUARY 27, 2024

The cult-classic Renault 5 hatchback has returned as an EV—at a lower price than any electric car currently available in the U.S. Unveiled at the 2024 Geneva auto show, the new Renault 5 E-Tech combines retro styling and affordability.

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The Truth About Cars

JUNE 21, 2023

We reported on auto-loan delinquencies yesterday since they're at a record high, though subprime loans are the biggest cause for concern. Reason to worry, or just something to shrug off as a temporary blip since car prices are so high and might someday drop to a more affordable level? So what do you think of this news?

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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

FEBRUARY 2, 2024

Not only is it an interesting electric hardtail MTB in its own right, but it also offers one of the most affordable Bosch-powered mid-drives on the market. The real kicker though is the price, with Trek starting the Marlin+ at just US $2,699. FTC: We use income earning auto affiliate links. tires, and either 27.5″

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Baua Electric

APRIL 24, 2024

The plant is slated to be completed and become operational in 60 days to support the company’s R&D efforts, enhance its manufacturing efficiency, and make ‘Made in India’ vehicles more affordable, the company said. This approach has given us an edge over our competition in terms of pricing.

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Baua Electric

APRIL 18, 2024

In a bid to sustain the electric vehicle adoption amid reducing demand subsidy, Bajaj Auto plans to introduce more accessible electric scooters in the market. We will be launching a new product by May,” Bajaj Auto Executive Director Rakesh Sharma told reporters in a post-earnings call today.

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