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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. Has Stellantis cracked the code for super-cheap EVs that will undercut ICE? The post Battery revolution!

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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. He suggested automakers are sacrificing range for price.

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

Teslarati

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. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

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

Teslarati

6 to Europe would provide local customers with an affordable EV option but probably undermine the EV price range in Europe. China’s global electric vehicle offerings often beat local EV prices, making them more attractive to domestic customers. Volkswagen aims to strengthen its position in China The ID.6

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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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Volkswagen Temporarily Cutting Production of European EVs

The Truth About Cars

Pricing has also become an issue due to sizable inflation and some scaling back of the EU’s electric vehicle incentives. In truth, Volkswagen’s EVs aren’t doing so well on the global stage. 4 have undergone significant price cuts in China. Price cuts in China coincided with a 300-percent increase in regional sales for the ID.3