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Why Tesla competitors will need more than affordability to take EV pioneer’s crown

Teslarati

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Volkswagen aims for sub-$35,000 EV in the U.S.

Teslarati

However, there are still plenty of car buyers who have no intentions of buying an EV, and price is still a big issue for people moving forward, although they have come down substantially. Many automakers are attempting to offer EVs that are widely affordable and will not break the bank for those who are interested.

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What Kind of Cars Do Women Actually Want?

The Truth About Cars

However, saying that this is the vehicle women most desire — let alone are willing to spend money buying — is probably a stretch. It will be the vehicle we look back on down the road and say ‘that is when EVs became truly affordable, user-friendly and desirable for all consumers’. The company probably should have known better.

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What Kind of Cars Do Women Actually Want?

The Truth About Cars

However, saying that this is the vehicle women most desire — let alone are willing to spend money buying — is probably a stretch. It will be the vehicle we look back on down the road and say ‘that is when EVs became truly affordable, user-friendly and desirable for all consumers’. The company probably should have known better.

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Update: Top 10 Electric Cars

Clean Fleet Report

2021 Is Here: Here Are the Top 10 Electric Car Companies. It’s a robust list of a variety of models–the majority of which are focused on the hot crossover segment–with total sales of more than 150,000 from six major automaker groups. We update this list regularly because the market is changing so quickly.

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Nissan Promises EV for 2010

Revenge of the Electric Car

for sale to regular folks. Regardless, once the $7,500 tax credit is accounted for, and the much lower maintenance costs, these should be about the same as buying a gas car, only the fuel will be less than a dollar a gallon equivalent. It won’t be as cool as the Tesla, but most of us could afford one today.

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