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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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Multi-nation survey reports consumers want electric cars. Now.

Plugs and Cars

There is an existing market for electric vehicles, especially among those who can afford the extra cost of limited-production new technology vehicles. There are no cars for sale. Consumers would be buying now if there were products,” says Gregor Matthies, a Munich-based partner at Bain who specializes in the auto industry.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Consulting firm KPMG , for example, estimates that in addition to the 179 new battery EV model launches and refreshes between 2016 and 2020, at least another 251 are expected between 2021 and 2023 by traditional auto manufacturers, or original equipment manufacturers (OEMs) as they are referred to in the industry, as well as start-ups.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Making electric vehicles affordable will be critical for them to have an impact on the environment, as vehicle ownership continues to rise quickly. Gasgoo.com | ?? | Prius hybrid.

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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

According to our EVAdoption research, as of January 1, 2022 there may be only four EVs (and possibly just two) for sale in the US that have final assembly in China. Currently only the Polestar 2 and Volvo S90 T8 PHEV are being produced in China for sale in the US.

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Convincing Consumers To Buy EVs

Cars That Think

However, until mainstream public confidence reaches the point where the perceived combination of risks of a battery electric vehicle purchase (range, affordability, reliability and behavioral changes) match that of an ICE vehicle, then EV purchases are going to be the exception rather than the norm. How much range is enough?

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Lotus and Harmon partner up to add sound to hybrids

Tony Karrer Delicious EVdriven

Lotus Engineering and Harmon International, two heavyweights in their respective industries, have teamed up to create a new technology known as Electronic Sound Synthesis (ESS). Basically, the external ESS is a system that produces artificial vehicle noise. Working systems are ready for production implementation and manufacture.

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