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Mazda hybrid sports car, Lexus EV concepts, used EV prices drop: Today’s Car News

Green Car Reports

Prices on used EVs have dropped enough to counter soaring finance rates and boost affordability. Mazda looks to its rotary heritage for a series-hybrid sports car concept. And Lexus previews EVs and some standout tech in Tokyo concepts. This and more, here at Green Car Reports.

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Will it be a Hossan or Ninda? Honda dumps GM, plans new family of affordable electric cars with Nissan

EV Central

Nissan and Honda have co-signed a historic deal that will see the two major Japanese car-makers join forces to fast-track a new family of EVs that will be sold globally. One car, the Honda Prologue (pictured top), has already been released as a result of that dissolved partnership. Nissan Ariya is still yet to make it to Australia.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

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BMW 1 series is going electric as an affordable EV for younger buyers

Baua Electric

The BMW 1 Series will be transformed into an affordable electric car as the brand looks to attract younger buyers. BMW Neue Klasse sedan (Source: BMW) BMW revealed the Neue Klasse platform last September, a preview of the brand’s high-tech, efficient future. It will be followed by the SUV.

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Confirmed! China’s Leapmotor to go on-sale in Australia in 2024 with C10 SUV

EV Central

Tipped to price at or under stellar local Chinese success story BYD, Leapmotor is expected to launch here with the medium-sized C10 SUV, which will be a rival for the Tesla Model Y on size but not dollars. READ MORE: Beijing show: Aussie-bound Leapmotor shows off C16 three-row electric family SUV READ MORE: Here comes another one!

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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