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Honda is abandoning plans to build affordable EVs with GM

Electrek

Honda’s CEO, Toshihiro Mibe, said the automaker is scrapping plans to build affordable EVs with GM because of the “changing business environment.” more… The post Honda is abandoning plans to build affordable EVs with GM appeared first on Electrek. The Honda-General Motors EV saga may be ending sooner than expected.

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Tesla Finally Appears to Make Moves Toward Building Affordable EV Model

The Truth About Cars

The long-rumored affordable, entry-level Tesla is almost here – maybe. Four years after the automaker first said it would build a cheaper EV, it appears things are in motion. Last year, CEO Elon Musk hinted at two new products, aiming for combined sales of five million units annually.

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Report: Tesla To Build Fabled Affordable Electric Car in Germany

The Truth About Cars

New reports state that Tesla is working toward an affordable EV model and note that it will produce the vehicles at its German location near Berlin. As these things tend to go with Tesla, the information came from an unnamed source, as reported by Automotive News. Image: gofra/Shutterstock.com] Become a& TTAC insider.

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Ford may build its affordable EV platform in this key overseas market to revamp sales

Electrek

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales.

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Toyota partners with BYD to build affordable $30,000 electric car

Electrek

Toyota has reportedly partnered with China’s BYD to build a new affordable electric car to launch next year. more… The post Toyota partners with BYD to build affordable $30,000 electric car appeared first on Electrek.

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QOTD: Will An Affordable EV Help You Go Electric?

The Truth About Cars

Today we covered Tesla's back-and-forth on whether it will or won't build an affordable EV. Get the latest& news, features, TTAC takes, and everything else that gets to the truth about cars first by& subscribing to our& newsletter. Does that ring true? Sound off below. Image: Tesla] Become a& TTAC insider.

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Maybe Tesla Didn't Cancel the Affordable EV After All, Or Did It?

The Truth About Cars

The will they, won’t they themes continue in 2024, as the automaker recently reversed its reported decision to nix affordable EV plans, though the flip appears related to less-than-stellar first-quarter performance. The previously reported cancellation of Tesla’s affordable EV also went out the door, at least on paper.