article thumbnail

Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Created to be “affordable to the masses” it’s thought the new EV could be built on a new architecture that will slash costs further than cars based on the VW Group MEB, or the Renault’s CMF-EV architectures. A second VW-branded EV is also in the works that’s it’s thought Renault might co- develop.

Cheap 102
article thumbnail

Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. However, the threat of China flooding the market with cheap electric models is too frightening to ignore.

article thumbnail

Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. Meanwhile, China has an oversupply of affordable EVs and cells in the battery market. In our view, Tesla is in a very strong position to ‘on-ramp’ Chinese EV tech to the US.

Recharge 140
article thumbnail

The Wild World Of Chinese Mini EVs

CleanTechnica EVs

I love electric vehicles, but they’re sure not cheap. For many people, a clean used EV is all that they can afford, and that usually costs almost as much as the cheapest new gas-powered cars. Understandably, this keeps many people with low incomes out of the EV game, and it keeps many people globally (who […].

Chinese 141
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. While BYD said just last month that it has no plans to enter the U.S. auto market anytime soon , some U.S.

article thumbnail

This $680 4-seater electric swan boat makes my own Chinese e-boat look luxurious

Baua Electric

But after buying an ultra-cheap Chinese electric boat last year , this new one makes my own lazy lake cruiser look like a luxury yacht. Sure, it’s got a fiberglass hull, which is already surprising for such an affordable little boat. Compared to my $1,080 boat , this $680 masterpiece is a tad bit less decked out.

Chinese 52
article thumbnail

Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

While the Model Y dropped back from the incredible high of 5560 sales and second outright in June , it was still only beaten in the sales race by the Ford Ranger and Toyota HiLux utes and the cheap and cheerful MG ZS SUV. Chinese cars sit number three behind Japan and Thailand in terms of popularity in Australia.