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ACEA map: Affordability of electric cars, correlation between market uptake and GDP in the EU

Green Car Congress

The European Association of Automobile Manufacturers (ACEA) has published an interactive map that illustrates the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and GDP per capita for each of the 27 EU member states and the United Kingdom. Across the EU, 3.0% Across the EU, 3.0% and Italy 0.9%).

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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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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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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. —Erik Jonnaert, ACEA Secretary General. —ACEA report.

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U.S. lawmakers need to bar automakers from getting rid of AM radio in brandnew automobiles

Baua Electric

The Alliance for Automobile Innovation, a business staff representing main automakers, stated “mandating AM radios in all vehicles is unnecessary. “If Elon Musk has enough money to buy Twitter and send rockets to space, he can afford to include AM radio in his Teslas. Vance and Consultant Josh Gottheimer.

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J.D. Power study finds consumer EV consideration in Canada significantly lags US

Green Car Congress

Growing concerns about affordability and infrastructure (both from charging and electrical grid perspectives), have caused a significant decline in the number of consumers who see themselves in the market for an EV anytime soon. —J.D. Ney, director of the automotive practice at J.D. That is up 13 percentage points from 2022 (53%).

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NADA Knowledge: 2022 new-car stock up; automobile gross sales in keeping with dealership unwell

Baua Electric

“Looking ahead into this year, I think as the chip supply improves, we will see OEMs again able to build more affordable vehicles, more entry-level models, lower-trim vehicles,” he mentioned. Fresh cars represented 49.7 of overall gross sales, with impaired cars accounting for 38.3