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A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. million vehicles globally last year.

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Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

Mitsubishi said it will introduce nine new electrified models globally during the next five years and plow $10 billion into electrified vehicles and battery production through 2030. It’s one of the brand’s biggest markets and it’s also a source of relatively cheap labor — ensuring the Mirage can be a competitively priced global product.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

A worldwide deficit of lithium, a global shortage of semiconductors and the ongoing conflict in Ukraine are all heavily impacting production efficiencies, with some OEM lead times reportedly reaching upwards of twelve months. With government incentives also beginning to wane, affordability remains a major concern for many motorists.

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New EV electric car calendar

EV Central

ACE-EV X1 Transformer – Australian-based start-up plans a small range of affordable EVs focused on light commercial duties. $5 Chevrolet Equinox – affordable mid-sized SUV set to go EV in 2023. Hyundai Ioniq 5 – more affordable version of the Ioniq 5 arrives in Australia in mid-2022.

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The electric year ahead: Every new EV coming to Australia in 2024

EV Central

Audi Q4 e-Tron Audi Q4 50 e-tron quattro The Q4 e-Tron is set to become the most affordable EV for the luxury brand, with the 210kW/545Nm rear-wheel drive 45 model priced from $88,300 plus on-road costs. Due in the second quarter, the BYD Seal U is available globally as a plug-in hybrid EV (PHEV) and a fully electric model.

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Convincing Consumers To Buy EVs

Cars That Think

However, until mainstream public confidence reaches the point where the perceived combination of risks of a battery electric vehicle purchase (range, affordability, reliability and behavioral changes) match that of an ICE vehicle, then EV purchases are going to be the exception rather than the norm. How much range is enough?

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