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Is this the luxury bargain of 2024? Lexus LBX hybrid SUV is much cheaper than BMW X1 and Benz GLA

EV Central

Japanese luxury player Lexus has announced full pricing for its 2024 Lexus LBX ahead of its Australian launch on March 18 and revealed that its cheapest car in its line-up will be priced from $47,550 plus on-roads. The most affordable BMW X1 is $60,400 and the cheapest Mercedes-Benz GLA is $63,200. 2024 Lexus LBX.

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Look out LandCruiser, Patrol, Range Rover, Benz, BMW: Huge, powerful, pricey BYD Yangwang U8 SUV confirmed for Australia

EV Central

A far cry from the affordable battery electric vehicles led by the Atto 3 with which BYD has established in Australia, the plug-in hybrid Yangwang’s Chinese price converts to about $240,000 here. We know how good that vehicle is and we know that there’s a very strong market in the right hand drive segments,” he insisted.

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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. READ MORE: Range anxiety solved? But one thing is for sure, Stellantis better be quick. The post Battery revolution!

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Tesla Model Y continues to lead auto sales in Norway

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Petrol-only vehicles saw their lowest share in modern history, taking just 1% of the market. Finally, another relative newcomer, the BMW iX1, has seen great progress, from its very first deliveries in December, climbing to 16th rank in Q1. Overall, HEVs have been on a long term decline since mid 2020.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. With government incentives also beginning to wane, affordability remains a major concern for many motorists. Renault ZOE Z.E.40

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

In contrast, petrol cars performed almost as well as they did before the Covid-19 pandemic. Despite the strides they have made in regard to performance and affordability, increasing awareness and shifting longstanding perceptions will take time.” Other big players in February included Suzuki, BMW Group, Mitsubishi, and Toyota.

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EV sales in Norway explode ahead of policy changes

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Petrol vehicles also saw a relative sales surge ahead of increased emissions taxes. PHEV’s relatively low share was not due to their fall in volume, rather that the volume of BEVs and petrol vehicles were much higher than usual. Petrol vehicle volumes were 4x to 5x recent seasonal norms. 4, Skoda Enyaq, Volvo XC40, etc.)

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