Remove Affordable Remove Batteries Remove Lexus Remove Price
article thumbnail

Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

Price 199
article thumbnail

Road Test: 2022 Lexus RX 450h F Sport AWD

Clean Fleet Report

Lexus knows its loyal owners want improvements, but nothing too radical. So when they are ready to get their next car, the Lexus RX 450h F Sport will certainly not disappoint, and in many ways impress them with the changes from their previous model. Hybrid Efficiency in a Premium SUV. Hybrid Sophistication. Refined dual motivation.

Lexus 92
article thumbnail

Forget Tesla and BYD: Cadillac is shooting for the (three-point) stars in Australia with 2024 Lyriq electric car to spearhead multi-model rollout

EV Central

Cadillac will be a “tier-one luxury brand” in Australia, with the incoming Lyriq EV to be followed by a fleet of a high-end electric vehicles that will target Mercedes-Benz, BMW and Lexus in our market. Range is expected to be in excess of 500kms on the WLTP cycle.

Cadillac 110
article thumbnail

87% of US Tesla drivers say they’ll buy another Tesla

Baua Electric

Photo: Tesla Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey. That’s because EVs continue to pick up major traction in the US, with adoption continuing to accelerate even amid charging infrastructure challenges and overall affordability.

Buy 52
article thumbnail

April 2023 – BEVs dominated car sales in Sweden

Push EVs

full battery electrics (BEVs), and 22.1% The Lexus-brand variant of the BZ4X, called the Lexus RZ, also made its debut in Sweden in April, with a modest 12 units registered. It is good to see a relatively affordable touring (or “estate”) BEV in 9th, the MG5. The bestselling full electric vehicle was the Volvo XC40.

Sweden 59
article thumbnail

A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota’s European product development boss, Andrea Carlucci, told Autocar that battery costs make a cheap EV unlikely. He explained that there needs to be a “substantial shift in the cost of batteries” before a cheap Toyota EV can be made at scale. He suggested automakers are sacrificing range for price.

Cheap 52
article thumbnail

Hyundai and Ford’s EV registrations outpace the competition in March

Baua Electric

Big price cuts and lease deals boosted demand in the first quarter, as automakers are divided on which way the market goes from here. With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. Ford had triple-digit EV registration growth, claiming the number two spot.

Hyundai 52