The Truth About Cars

APRIL 5, 2024

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

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The Truth About Cars

MARCH 19, 2024

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. Tesla also reportedly plans to (finally) get its affordable EV out the door in the next year or so.

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Electrek

APRIL 5, 2024

However, with a new import tax looming, can the Chinese EV maker continue the momentum? After launching its low-cost Seagull EV (Dolphin Mini) in Brazil, starting at around $20,000 (99,800 BRL), BYD is leading the EV sales surge in the country.

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The Truth About Cars

JANUARY 24, 2024

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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Electrek

DECEMBER 15, 2023

In a recent interview with media in Europe, NIO cofounder and president, Lihong Qin, confirmed the Chinese automaker intends to launch its family-friendly Firefly sub-brand in the market in 2025. more… The post NIO president confirms its more affordable Firefly sub-brand will enter Europe in 2025 appeared first on Electrek.

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Teslarati

NOVEMBER 30, 2023

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. According to Chinese reports, the BYD Seagull offers two battery options. The BYD Seagull was also rumored to be using a sodium-ion battery pack, but it has yet to be confirmed by the Chinese automaker.

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The Truth About Cars

DECEMBER 28, 2023

A Volkswagen-funded Chinese automaker has a new type of battery that offers some benefits over lithium-ion batteries, namely cost and cold weather performance, but it’s unclear if we’ll see them in the United States. Image: Iryna Imago via Shutterstock] Become a& TTAC insider.

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Baua Electric

APRIL 5, 2024

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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Baua Electric

MARCH 18, 2024

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Shifting to low-cost EVs Although low-cost Chinese passenger EVs, like BYD , are not sold in the US, they are having a big impact on domestic automakers. An Escape-sized EV or smaller “completely works,” Ford’s leader explained.

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CN EV Post

NOVEMBER 6, 2022

Chinese cars are affordable, while Western manufacturers can't offer enough electric vehicles, Fitch Solutions said. The post One in six EVs sold in Europe will be made by Chinese makers by 2025, Fitch Solutions says appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Baua Electric

APRIL 5, 2024

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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Green Car Reports

FEBRUARY 26, 2021

Development of an affordable Tesla electric car will take place in China, the head of the company's Chinese operations confirmed in an interview with state media.

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InsideEVs

OCTOBER 9, 2023

Chinese EV brands like Nio, XPeng, and others can afford to bleed money since the Chinese state is subsidizing them, NYT reports.

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Electrek

APRIL 13, 2023

The BYD Dolphin hatchback has the potential to become the Chinese automaker’s most popular EV model in Europe as it will now enter major markets overseas this year. At a starting price of around 30,000 euros ($33K), the Dolphin will also arrive at BYD ’s most affordable electric option.

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Electrek

AUGUST 28, 2023

Chinese EV maker XPeng (XPEV) announced Monday it plans to buy out Didi Global’s Smart electric car division. more… The post XPeng buying Didi’s Smart electric car unit to launch new affordable EV brand in 2024 appeared first on Electrek.

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InsideEVs

NOVEMBER 23, 2023

Two years on the road for this MG5 EV and the brake pads look almost brand new.

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Electrek

AUGUST 3, 2023

The Chinese EV maker’s sales continue soaring overseas and domestically as demand for functional, affordable electric cars grows. more… The post This Chinese electric SUV was the top-selling EV in Sweden in July, Tesla Model Y on top YTD appeared first on Electrek. 4, a Volvo model, or even the Tesla Model Y.

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Baua Electric

MARCH 13, 2024

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. The partnership could include a new EV platform. FTC: We use income earning auto affiliate links.

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Baua Electric

APRIL 1, 2024

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. 2023 Ford Mustang Mach-E (Source: Ford) The bad news Although the lower prices are working to move inventory, can Ford afford to keep prices lower? New data shows sales are up while inventory is finally dwindling.

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EV Central

MARCH 24, 2024

Designed to help both Honda and former EV pioneer, Nissan, play catch up with brands like Tesla and emerging Chinese rivals, the new arrangement follows shortly after Honda terminated its proposed EV venture with General Motors. Honda dumps GM, plans new family of affordable electric cars with Nissan appeared first on EV Central.

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CleanTechnica EVs

SEPTEMBER 5, 2022

This is because Chinese automakers are probably our best bet for mass production of battery-electric vehicles which across all vehicle segments will reach all corners of the world at affordable prices. Chinese solar panel makers ramped up production big time, resulting in massive […].

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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Electrek

MARCH 19, 2024

Leading Chinese EV automaker XPeng Motors has publicly shared plans for a new EV brand to deliver affordable, AI-driven smart cars to young consumers. Targeting China’s A-class segment of EVs priced between RMB 100,000-150,000, XPeng’s new brand could help pave the way for more affordable EVs around the globe.

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InsideEVs

NOVEMBER 6, 2023

The average retail price of a BEV in China is less than half of the prices in the U.S. and Europe.

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Baua Electric

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Baua Electric

DECEMBER 10, 2023

Chinese semiconductor manufacturers have a significant impact on various aspects of the global business landscape. Competitive Landscape: Chinese semiconductor manufacturers contribute to the competitive landscape by providing alternatives to established players in the industry.

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Baua Electric

MARCH 31, 2024

Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%). Munoz added: “Chinese brands still have a long way to go before they occupy a significant part of the European market.

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Teslarati

MARCH 27, 2024

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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CN EV Post

FEBRUARY 3, 2024

Less and less consumer can afford NIO cars and services. The consumers who can afford NIO cars, are older, less educated, more generation X, less generation Y. NIO is facing targeted consumer population shrinking and shrinking, because of the continuous deflationary environment. Generation X prefer ICE and PHEV.

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CleanTechnica EVs

MAY 27, 2022

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. I love electric vehicles, but they’re sure not cheap. Understandably, this keeps many people with low incomes out of the EV game, and it keeps many people globally (who […].

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Electrek

JUNE 4, 2022

E-bike charging stations, Luna review, USPS mail bikes, Chinese e-trike & more appeared first on Electrek. The post Wheel-E Podcast!

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Teslarati

APRIL 30, 2023

Chinese electric vehicle manufacturer NIO appears to be preparing to capture some market share from mainstream automakers like Volkswagen. During the Shanghai Auto Show earlier this month, Li cautioned fellow Chinese electric vehicle manufacturers. Don’t hesitate to contact us with news tips.

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The Truth About Cars

APRIL 19, 2024

It will likely be more affordable than the larger EVs in Kia’s catalog, which comes with a slightly less impressive electrical architecture. Kia debuted the standard EV5 late last year during its first EV Day event in South Korea. The automaker hasn’t confirmed the vehicle for America yet but said it was considering the move.

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Teslarati

APRIL 14, 2021

Chinese electric car company Xpeng Motors has revealed its new P5 sedan. The P5 is affordable and surprisingly less expensive than the widely popular Model 3 in China and includes a series of new driverless technology features that are powered by polarizing LiDAR systems.

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Teslarati

MARCH 24, 2024

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.

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Green Car Congress

MAY 22, 2019

At the current estimated low-speed electric vehicle fleet size, the potential fuel demand displacement could exceed 60,000 barrels per day—2% of current total Chinese gasoline demand. —Gabriel Collins.

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