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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

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. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. Image: Tesla] Become a& TTAC insider.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

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Tesla Model 3 sees longer wait times in China as domestic sales increase

Teslarati

It appears that consumers in China’s domestic auto market are starting to favor the reengineered Tesla Model 3. This was hinted at in the estimated sales of the vehicle so far this Q3 2024, as well as the increasing wait times for the all-electric sedan on Tesla China’s official website.

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

EV Central

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. According to the official VFACTS figures, there were 3330 examples of the battery electric SUV sold in Australia last month. Tesla’s tally is obviously the key to the 385.4

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Ford CEO Farley Again Promises Profitable, Affordable EVs for the Masses

The Truth About Cars

Speaking with Yahoo Finance , Farley said his company aims to develop affordable EVs that compete with the rising tide of Chinese models. Saying that China’s investments in EVs have “paid off so far,” Farley noted that Ford is on track for its next-generation electric models to be profitable and affordable.

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

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles.

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BYD produces 200K units of its most affordable EV 

Teslarati

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. Elon Musk says Tesla will build €25k EV at Giga Berlin Forbes speculated that the Seagull, labeled Blade, might be equipped with BYD’s lithium-ion phosphate batteries. The Teslarati team would appreciate hearing from you.

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