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

EV Central

Volkswagen and Renault are primed to join forces to work today to develop a new family of electric cars that will be priced less than €20,000 ($A32,000). According to German newspaper Handelsblatt, both VW and Renault are considering the deal that will see both car-makers produce up 250,000 of its bargain basement-priced electric cars.

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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. The first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact.

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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.

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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. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. While BYD said just last month that it has no plans to enter the U.S.

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Xiaomi CEO admits Tesla has unique advantage over EV competitors

Teslarati

Xiaomi CEO Lei Jun said that Tesla has the unique advantage of being able to raise the prices of its electric vehicles, a move that other companies cannot pull off because they are risking “huge losses.” Its top trim will be priced at $46,671, or 336,000 RMB. Tesla to increase Model Y price in the U.S.

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Volkswagen sues car dealer for importing ID.6 EV to Germany

Teslarati

6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market. The Chinese vehicle registration states that the vehicles Brudny purchased were intended for export and technically adapted to meet the Federal Motor Transport Authority’s requirements. Brudny bought 22 ID.6

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity. However, CleanTechnica identifies another possible culprit: stubbornly high prices for EVs.

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