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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Green Car Congress

JANUARY 24, 2023

Lightyear, the developer of solar electric vehicles, will redirect its focus and resources completely towards the development and production of Lightyear 2, its intended mass-market model. This means the suspension of the production of Lightyear 0, the first production solar car. Atlas Technologies Holding B.V.,

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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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Green Car Congress

JANUARY 24, 2023

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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Teslarati

JANUARY 23, 2023

Lightyear, a leader in solar electric vehicles, has announced that it will be suspending the production of its first-generation car, the Lightyear 0, to focus on its net-gen affordable offering. However, the company will now suspend production of that vehicle as it focuses on its first mass-market offering, the Lightyear 2.

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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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The Driven EV News

JANUARY 23, 2023

Dutch solar electric vehicle company Lightyear to stop production on its Lightyear 0 model to refocus on its more affordable Lightyear 2. The post Lightyear halts production on flagship solar car to refocus on affordable solar EV appeared first on The Driven.

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InsideEVs

JANUARY 23, 2023

It sounds like the solar EV startup was unable to keep paying for the production of the Lightyear 0.

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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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Electrek

JANUARY 23, 2023

Less than two months after its official start of production, Lightyear has suddenly suspended all assembly of its flagship 0 solar EV. Instead, the Dutch company says it will shift all focus and resources on the development and production of its second model – the Lightyear 2.

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Teslarati

MAY 6, 2024

During the first-quarter earnings call held on Monday, Lucid focused on both the Gravity SUV, set to start production later this year, and an upcoming mid-size model, slated to be priced around $48,000 and start production in late 2026. “We’re already competing with Tesla,” Rawlinson said.

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Electric Cars Report

JUNE 18, 2023

PowerCo SE is planning to introduce a completely new manufacturing process in its battery cell production plants in Europe and Northern America.The new technology will significantly boost efficiency and sustainability in volume battery cell production.

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Teslarati

MAY 2, 2024

Rivian has won a massive $827 million incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will be used to expand the R2 production facility in Normal, Illinois. Rivian’s Georgia plant remains an extremely important part of its strategy to scale production of R2 and R3.

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Green Car Congress

NOVEMBER 24, 2021

Renault Group has acquired a 21% minority stake in Whylot , a company based in the Lot region of France that has developed an innovative axial flux automotive e-motor. This acquisition of a stake in the French start-up reinforces the existing strategic partnership between the two companies. Whylot axial flux motor. Upgraded the stator.

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Green Car Reports

OCTOBER 12, 2023

Kia on Thursday hosted its first Kia EV Day outside of Seoul, where the South Korean company shared specifications on its EV5 electric compact crossover, which was revealed in August, and unveiled two electric concept vehicles.

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Teslarati

MARCH 8, 2024

Tesla and a few other companies recently announced the launch of the Electro Mobility Association (EMA) to promote the production and purchase of electric vehicles in Mexico. Tesla’s gigafactory in Mexico will produce the company’s most affordable EV yet: the Model 2.

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The Truth About Cars

APRIL 16, 2024

In fact, Kia’s CEO said the company was pushing forward with plans to release an affordable electric car called the EV3. It's important to note that Kia hasn’t confirmed the EV3 for American buyers, but it’s hard to imagine that an affordable electric model wouldn’t at least cover its costs here, even without federal tax credits.

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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 Congress

FEBRUARY 18, 2022

Ford Motor Company and Volvo Cars are the first automakers to support the program directly, but Redwood will accept all lithium-ion (Li-ion) and nickel metal hydride (NiMH) batteries in the state. Overtime, as EOL packs scale, Redwood expects these batteries to become valuable assets that will help make EVs more sustainable and affordable.

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Green Car Reports

SEPTEMBER 3, 2022

California’s Lucid Motors, which just last week started taking reservations for its most expensive model yet, the quarter-million-dollar, 1,200-plus hp Air Sapphire, might already be starting production of its most affordable, sub-$90,000 Air Pure version.

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Green Car Congress

JUNE 18, 2023

billion, clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. a carbon solutions provider with more than two decades of successfully managing carbon dioxide (CO 2 ), and Hafnia, one of the world’s leading oil product tanker owners and operators. Earlier post.) Expected to produce 7.2

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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 Congress

SEPTEMBER 8, 2023

FuelCell Energy has contracted with Toyota to supply the products of Tri-gen under a 20-year purchase agreement. Hydrogen production can be ramped up and down based on needs/requirements. The Tri-gen system, owned and operated by FuelCell Energy, produces renewable electricity, renewable hydrogen, and water from directed biogas.

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Green Car Congress

OCTOBER 14, 2021

Solid-state sodium battery company LiNa Energy ( earlier post ) has closed out a £3.5-million The company says that its design has the potential to exceed both lithium-ion and rest-of-market sodium-ion technologies on all performance measures, and at a cost of less than $50/kWh. million (US$4.8-million)

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Green Car Congress

JANUARY 12, 2021

Archer will manufacture high-volume, composite eVTOL aircraft, with the intent of starting production in 2023. trillion by 2040. FCA has already collaborated on cockpit design elements of Archer’s first aircraft, which is expected to be unveiled in early 2021. Source: Archer.

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Teslarati

MARCH 22, 2024

Tesla is reportedly trimming production output at Gigafactory Shanghai, attempting to match manufacturing levels with demand in a strong market with plenty of worthy competitors. landscape, as the world’s largest automotive market has a vast array of EV models and companies alike.

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Green Car Congress

SEPTEMBER 9, 2022

The partnership will enable the companies to cooperate on the production of electric vans. The target is to build an all-new electric-only production facility leveraging an existing Mercedes?Benz The companies envision production-optimized vehicle designs for efficient manufacturing on common assembly lines.

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Teslarati

JULY 29, 2022

Granted, the Tesla Semi has been delayed for several years now, though Elon Musk has previously noted that he believes the all-electric Class 8 truck will finally enter production sometime next year. 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.

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Electrek

FEBRUARY 28, 2024

The next-gen Chevy Bolt EV is due out next year after GM ended production of its top-selling electric model at the end of 2023. GM’s CFO Paul Jacobson says the new Bolt EV will save the company billions by becoming North America’s first Ultium-based model to use LFP batteries.

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Teslarati

MARCH 18, 2023

Over the past several years, automotive manufacturers from all corners of the world have jumped head-first into electric vehicle production. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives. Tesla’s advantages lie in places that are far past affordability.

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Baua Electric

JANUARY 20, 2024

Honda Space-Hub Concept – 2024 CES Honda may be a late-starter with mass-production EVs, but as communicated last week with the Saloon and Space-Hub concepts and by company executives, it has big plans for later in the decade—including multiple platforms underpinning a unified Series 0 architecture.

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Baua Electric

MARCH 22, 2024

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. FTC: We use income earning auto affiliate links.

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Green Car Congress

MAY 7, 2021

Technip Energies has launched of BlueH 2 by T.EN, a full suite of deeply-decarbonized and affordable solutions for hydrogen production. Proven, company-developed and owned technologies and equipment, available to customers today. Technip Energies’ BlueH2 by T.EN

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Teslarati

APRIL 5, 2022

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM “This is a key step to deliver on our commitment to achieve carbon neutrality in our global products and operations by 2040 and eliminate tailpipe emissions from light-duty vehicles in the U.S.

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Green Car Congress

MAY 4, 2021

Solid Power, a developer of all solid-state batteries for electric vehicles, announced a $130-million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. The BMW Group and Ford aim to utilize Solid Power’s low-cost, high-energy all solid-state battery technology in forthcoming electric vehicles.

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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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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. Tesla’s CEO said he reviews the production line plans “every week.”

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