article thumbnail

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.

article thumbnail

New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. With the federal tax credit and estimated gas savings in place, the upgraded Model 3 Performance becomes more affordable than the mid-tier Model 3 Long Range Dual Motor AWD variant.

article thumbnail

Fast-charging price hike, EV price war, BMW EVs from Mexico: Today’s Car News

Green Car Reports

BMW will turn to Mexico to make some of its more affordable EVs for the U.S. The past couple weeks have signaled that the EV price war has begun. And Electrify America raises prices. Electrify America last week announced price hikes for EV fast-charging. This and more, here at Green Car Reports.

Mexico 98
article thumbnail

Top 10 Reasons Why Tesla Offers A BMW Experience At A Toyota Price

CleanTechnica EVs

In this article, I explain 6 reasons Tesla matches or exceeds the luxury features of BMW, Mercedes, and Audi; and also 4 reasons why Tesla vehicles as affordable as Toyota & Honda vehicles. Tesla needs to get the word out on this, since it is having some difficulty selling its cars at current prices as […]

BMW 98
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

BMW i4, the most affordable luxury electric car in India

EVehicleShop

BMW launched their i4 luxury electric car in India at the end of May 2022. This car is categorized as the most affordable luxury electric car in India with an ex-showroom price of 70 lakh/- INR. In this article, we have discussed all the information that you should know about the BMW i4. Hope you'll love it.

India 52
article thumbnail

EV tax credit union boost, Hyundai Tucson PHEV pricing, BMW EV range: Today’s Car News

Green Car Reports

The Hyundai Tucson Plug-In Hybrid beats the RAV4 Prime on affordability. BMW is sitting out the race for more mass-market EV range. And controversy swirls over a boost being given to unions as part of the EV tax credit. We help break down why. This and more, here at Green Car Reports.