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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

The trend is consistent with steady growth in availability and affordability. Overall affordability has also improved by a similar margin, rising to 85.6 Overall affordability has also improved by a similar margin, rising to 85.6 Power EV Index score for availability climbed sharply to 39.4 (on in January. in January.

Price 404
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SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

However, the series of bills do not address the main obstacle to producing primary aluminum: access to ample supplies of affordable energy, the report says. DPA supports the domestic production of strategic materials, including aluminum, used in large-capacity batteries used in EVs and military systems.

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Government of Canada investing nearly $15M in new EV chargers across the GTA

Green Car Congress

Since 2016, the Government of Canada has invested $1 billion to make EVs more affordable and chargers more accessible for Canadians and has approved funding to support the installation of more than 34,500 EV chargers to date.

Canada 304
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Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. These investments will contribute to the development of a domestic zero-emissions vehicle value chain, including batteries, permanent magnets, and other electric vehicle components. Among its measures is up to C$3.8

Canada 468
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J.D. Power launches EV Index; measuring roadblocks to EV adoption, parity to gas-powered vehicles

Green Car Congress

Affordability. This factor measures the total cost of ownership of an EV compared with the ICE segment average (after tax credits, rebates, incentives, operating costs and residual values—for both purchase and lease transactions).

Power 199
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Ford unveils F-150 Lightning electric pickup; starting at $39,974; arriving in 2022

Green Car Congress

Ford unveiled the F-150 Lightning battery-electric pickup. F-150 Lightning offers a standard-range battery targeting 230 miles of EPA-estimated range and an extended-range battery targeting 300 miles of EPA-estimated range. Once power is restored, the truck automatically reverts to charging its battery.

F-150 526
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Hyundai is launching two new electric cars in Europe, a low-cost EV and new IONIQ model

Baua Electric

Our aim is that sales of EVs account for 14 percent of our total sales in Europe this year – or even a bit more,” Cole told the Automotive News Europe Congress. Hyundai is launching the Inster EV, an affordable electric car under $27,000 (25,000 euro), and a new IONIQ model. The new IONIQ EV will join the IONIQ 5 and IONIQ 6.