article thumbnail

XPeng buying Didi’s Smart electric car unit to launch new affordable EV brand in 2024

Electrek

Chinese EV maker XPeng (XPEV) announced Monday it plans to buy out Didi Global’s Smart electric car division. XPeng revealed the partners will launch a new mass-market EV brand next year with a starting price of around 150,000 RMB (roughly $20,500).

article thumbnail

Lectric XPremium review: The most affordable, quality mid-drive electric bike that money can buy

Electrek

The Lectric XPremium mid-drive folding e-bike still holds the honor of the highest-value mid-drive electric bike on the market today. The post Lectric XPremium review: The most affordable, quality mid-drive electric bike that money can buy appeared first on Electrek.

article thumbnail

Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker. The Hyundai Motor Group was formed in 2000 after buying out Kia.

Kia 52
article thumbnail

Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla. Ram introduces a lineup of electric vans. This and more, here at Green Car Reports.

article thumbnail

These are the cheapest electric boats you can buy right now

Electrek

That’s not true anymore, though, as several new low-cost electric boats are starting to enter the US market. Here’s a collection of some of the most interesting and affordable electric boats for the average Joe. more… The post These are the cheapest electric boats you can buy right now appeared first on Electrek.

Buy 130
article thumbnail

Next Fiat Panda aims for ‘most affordable EV’ title, will slot below 500e

Electrek

What’s the most affordable EV you can buy? If rumors out of Fiat are to be believed, the answer to that question will soon be “the new Fiat Panda” as Stellantis targets the bottom end of the booming electric car market.

article thumbnail

Blazer EV pause, Mercedes EV updates, affordable EVs, clean hydrogen rules: The Week in Reverse

Green Car Reports

What do you need to ask the dealership if buying an EV after the new year? Have you waited out the market roller-coasters of the past. Why might the top-selling EV in Japan make a lot of sense in U.S. big cities too?