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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Solid-state battery company Solid Power closes $130M Series B led by BMW, Ford and Volta

Green Car Congress

Solid Power, a developer of all solid-state batteries for electric vehicles, announced a $130-million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. BMW and Ford now share leading positions in the race for solid-state battery-powered electric vehicles.

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Electric Vehicle Battery Replacement Cost in India: Examining Affordability and Long-Term Viability

Get Electric Vehicle

As the adoption of electric vehicles (EVs) gains momentum in India, one of the key concerns for potential buyers is the cost associated with battery replacement – the electric vehicle battery replacement cost. Factors Influencing Electric Vehicle Battery Replacement Cost #1.

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Juniper Research forecasts on-road hydrogen vehicles to exceed 1M globally by 2027

Green Car Congress

The study identified hydrogen vehicles as an increasingly viable alternative to BEVs (Battery-Electric Vehicles). These positives have led to significant investment by car manufacturers, including Hyundai, Toyota and BMW. This will translate into an increasingly popular and available product over the next 5 years.

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SMUD running EV charging pilot program with BMW, Ford and GM

Green Car Congress

SMUD, the US’ sixth-largest, community-owned, not-for-profit electric service provider, announced the Managed Electric Vehicle (EV) Charging Pilot, a new electric vehicle program with BMW of North America, Ford and General Motors. Managed EV Charging will make it easier for customers to switch to an EV.

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Lincoln puts EVs on the back burner amid Ford’s shift to more affordable EV models

Baua Electric

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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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. of total car sales in the EU; the market share of ECVs grew by 0.9