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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. Hyundai, Kia, and Tesla models with at least 300 miles of range cost less than popular gas cars like the Toyota Camry or Rav4. A new Bloomberg Green analysis shows the 2024 Hyundai IONIQ 6 is the most affordable EV.

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Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

Who said EVs are not affordable? Hyundai’s IONIQ 6 is even cheaper to lease than a 2024 Toyota Corolla LE ($382/mo). Source: Boston Consulting Group) A recent report from Boston Consulting Group found the Hyundai IONIQ 6 was the only EV that met potential buyers’ median price, range, and charging targets.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. Including suppliers, dealers, service centers, etc., There are also concerns in Japan, or at least by Toyota, over the potential for job losses from the transition to EVs.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

. “Any new technology like the Chevy Volt takes time to become profitable,&# said Jay Friedland, the legislative director for Plug-In America , an electric-car advocacy group. “The Toyota Prius took over five years to reach break-even and has gone on to be a wild success.&# Where is affordable. and Chrysler.

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