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. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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Electrek

OCTOBER 31, 2023

Stellantis, the parent company behind Jeep , Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. The automaker aims to reduce prices on electric models to take on industry leaders like Tesla and incoming Chinese EV makers.

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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

SEPTEMBER 13, 2023

When I first covered the ARK Zero electric microcar , its specs and pricing sounded too good be true. Well I guess now I have to believe it, as the company says it has begun making deliveries and shared its first on-road photos. I’ll believe it when I see it,” I quipped.

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Teslarati

MARCH 27, 2024

Tesla CEO Elon Musk recently reiterated an ambitious target for the company’s humanoid robot. As per Musk in a recent post on X, he still thinks that the Tesla Optimus price would be around half of a car. This is not the first time that Elon Musk has hinted at an affordable price point for Optimus.

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Teslarati

OCTOBER 12, 2023

Tesla just made leasing a Model 3 or Model Y more affordable than ever, offering rates as low as $329 a month for an all-electric vehicle. However, the company just slashed leasing prices for the Model 3 and Model Y , its two most popular vehicles, making it as affordable as ever to lease one of the cars with a 36-month term.

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Baua Electric

FEBRUARY 2, 2024

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new “0 series” electric brand at CES earlier this month. Let us know below.

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Teslarati

DECEMBER 12, 2022

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. According to data released by Kelly Blue Book , EV prices were up by 2% compared to October and up 9% from November 2021. compared to October and 4.4% compared to October and 4.4%

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Electric Cars Report

JANUARY 23, 2023

Dutch high-tech company Lightyear announced on Monday that it will stop production of the Lightyear 0 solar electric car. The company has decided to redirect its attention to the development and release of the more affordable Lightyear 2 solar EV, set to release in 2025 with a price tag below €40,000.

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Electric Vehicles India

NOVEMBER 27, 2021

Greta launches 4 electric scooters in India with affordable price . It has launched four electric scooters models with come with a price tag between Rs 60,000 and Rs 92,000. The company claims that its electric scooters offer “best-in-class comfort and superior performance.”

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Teslarati

MARCH 16, 2024

Tesla has announced its latest price increases set to hit one of its vehicles, with the automaker this time planning to increase the price of its economy-level Model Y SUV in multiple European countries. Tesla also launched price increases in Germany and Norway in February , applying to all three of the SUV’s configurations.

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The Truth About Cars

FEBRUARY 12, 2024

Though it’s eligible for federal tax credits, Tesla is temporarily decreasing pricing on the SUV, dropping it to $42,990 for the base model and $47,990 for the Long Range model. That pushes the lease price down to $379 to start, and the down payment is at just $2,500.

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Electrek

FEBRUARY 20, 2024

Less than 24 hours after lowering prices of its 2023 Mustang Mach-E models in Canada, Ford Motor Company has followed suit in the US, reducing MSRPs of all trims to adapt to slower EV demand. Lease programs offer additional discounts in the US, making the Mach-E more affordable than ever.

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Green Car Congress

FEBRUARY 14, 2023

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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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

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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Teslarati

APRIL 5, 2023

The company shared battery information about its upcoming Tesla compact vehicle in Master Plan Part 3. Tesla’s compact vehicle might be the $25,000 Model 2 that the company has been teasing for quite some time. 2 , an affordable compact EV around the same price range.

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Green Car Reports

FEBRUARY 15, 2021

Although the company has been talking the talk about offering affordable EV models in the near future and pitching EVs with an “Everybody In” campaign.

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Green Car Congress

APRIL 6, 2022

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. Honda is making progress on its all-solid-state battery technology which the company sees as the core element of future EVs.

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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

JANUARY 17, 2024

Rad Power Bikes , one of the leading electric bicycle companies in the US, has just slashed prices on all of its e-bikes. The company made the announcement today, effectively ushering in many of the best holiday sales from late last year as new permanent pricing for 2024. FTC: We use income earning auto affiliate links.

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EV Central

APRIL 3, 2024

The electric car pricing war is well and truly underway! The GWM Ora is now clearly the cheapest and most affordable new electric car sold in Australia thanks to $35,990 drive-away pricing announced this morning for the Standard Range model. MG4 was the price leader before the GWM Ora undercut it by $4000.

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Teslarati

MAY 20, 2023

Tesla is now discounting new inventory models of the Model 3 in the United States, helping the company to attract a growing number of buyers. Tesla’s continuing dedication to making its vehicles more affordable has shaken the EV market and the automotive industry to its core. You can also reach me on Twitter @ WilliamWritin.

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Teslarati

JULY 29, 2022

Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. This should go in line with Tesla’s ramp of its 4680 cells , which are expected to help the company reduce its vehicle production costs. link] — @Tacuru007 (@tacuru007) July 28, 2022.

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Teslarati

OCTOBER 26, 2023

Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz ( NASDAQ: HTZ ), who adopted the electric automaker’s vehicles in 2021 for its fleet. The swings in pricing hindered Hertz’s Q3 earnings report, as it missed profit estimates.

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Baua Electric

JANUARY 20, 2024

The 2024 Hyundai Elantra Hybrid gets a price hike—and more of a price bump versus non-hybrid Elantra models, although the Elantra Hybrid does now get the larger 10.3-inch Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000. inch infotainment screen. with other markets to follow.

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Electrek

NOVEMBER 1, 2023

Lectric Ebikes, the Phoenix-based electric bicycle company known for the best-selling e-bike in the US , has just opened order books for its latest model. The new Lectric XPeak is the brand’s first non-20″ tire e-bike, ushering a big new look for the company that maintains the same low-level pricing.

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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. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Sources familiar with the matter say the first model will launch in 2026, with starting prices around $25,000.

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The Truth About Cars

FEBRUARY 14, 2024

Tesla made news on several occasions last year for cutting prices on the Model 3 sedan, but the automaker appears to have reversed course with the introduction of the car’s 2024 refresh. The Model 3 is now the same cost as the Model Y, moving it away from the impressive price point it had for much of last year.

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Teslarati

AUGUST 14, 2023

The Tesla Model S and Model X now start at more affordable prices, thanks in part to the introduction of a Standard Range variant for the two flagship electric cars. As can be seen on Tesla’s official website, the Model S Standard Range is priced at $78,490 before options. second 0-60 mph time.

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Teslarati

OCTOBER 20, 2023

Wells Fargo lowered its Tesla (TSLA) price target from $260 to $250 based on its lowered production outlook. Wells Fargo analyst Colin Langan also expressed concerns over Tesla’s decreasing prices and profits. Langan expressed concerns about Tesla decreasing prices to hit its 1.8 Tesla reported a gross vehicle margin of 17.9%

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Teslarati

MARCH 18, 2023

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

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Teslarati

JANUARY 17, 2024

Tesla has initiated a round of price cuts for its best-selling car, the Model Y crossover, in Germany and Sweden. The price cuts were implemented about a week after a series of similar adjustments were rolled out for the Model 3 and Model Y in China. It’s not just Germany that has received a price reduction for the Tesla Model Y.

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Teslarati

APRIL 11, 2023

Tesla dropped the price of its Powerwall in Australia–for the second time this year– making it more affordable than ever. An email to Tesla Powerwall installers in Australia revealed that the company reduced the price of its home battery storage option by $1,699.

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Green Car Congress

SEPTEMBER 6, 2023

Power has just introduced a new EV Retail Share Forecast, which captures granular EV sales, consideration, pricing, infrastructure growth and other census and demographic factors to project state-by-state EV adoption rates through 2035. Luxury EVs Still Wield Outsize Influence on Affordability. Methodology. Power EV Index and the J.D.

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Baua Electric

MARCH 14, 2024

For the first time, Volkswagen announced it aims to start producing its most affordable ID.1 1 will offer “affordable electric mobility for everyone,” VW brand leader Thomas Shafer said Thursday. Shafer confirmed the company is sticking to its EV game plan, including 11 new VW brand models launching by 2027. 4, ID Buzz, ID.7

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Baua Electric

FEBRUARY 2, 2024

By: HT Auto Desk | Updated on: 02 Feb 2024, 14:07 PM MG cars now carry new price stickers, making them more affordable than before. MG Motor India on Friday announced new prices for its 2024 range of car models as part of its centenary year celebrations. The Astor price range now begins at ₹ 9.98 lakh (ex-showroom).

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