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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. When leasing, the gap is even more significant, with Hyundai and Tesla EVs as much as 37% lower than similar models from Toyota and BMW. A new Bloomberg Green analysis shows the 2024 Hyundai IONIQ 6 is the most affordable EV.

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Rivian Will Give You a Discount to Trade In a Gas Vehicle for a New R1 Model

The Truth About Cars

Rivian sells two compelling EVs that have garnered a good deal of happy customers, but they’re far from affordable. At around $70,000 to start, the brand’s R1T pickup and R1S SUV are out of reach for most buyers, even after the $3,750 federal tax credits for some models.

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Report: Tesla Readying New Model 3 Performance

The Truth About Cars

The standard range rear-drive model remained, along with the Model 3 Long Range, but the Performance was nowhere to be found. At the same time, the new car lost tax credit eligibility and its place as a compelling, affordable EV as a result. Image: Tesla] Become a& TTAC insider.

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The Best Electric SUVs on the Market

EV Life

Like their electric car cousins, all-electric SUVs have come a long way—batteries have evolved to increase range and improve performance, new motors are providing impressive torque and towing capabilities, and prices have come down to make options more affordable, making these SUVs some of the most attractive sport utility options out there.

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2024 BMW iX2 review: Is this the EV bargain of the year? How tax incentives make this slick compact SUV a tempting electric car

EV Central

BMW is pushing hard into the EV space, in turn crushing its traditional luxury rivals on Aussie sales. Part of the appeal is six models priced below the luxury car tax threshold, in turn allowing owners to package them into a novated lease and sidestep fringe benefits tax when using the car for personal use. BMW iX2 xDrive30.

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ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

Green Car Congress

However, with many car OEMs recently dropping prices and offering more choice and improved performance, full electric vehicles are on the verge of leaving their eco niche of environmentally aware and socially responsible buyers, illustrated by car OEMs such as BMW, Daimler, and Volkswagen investing heavily in electrification.

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Blink’s 2023 Year in Review

Blink Charging

Specifically, BlueLA powered by Blink Mobility prioritizes affordable EV car sharing in cities, while Envoy concentrates on offering sharing services as an amenity in apartments, hotels, and workplaces. Last year, Tesla opened its newly renamed North American Charging Standard (NACS) connector to other automakers.