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$25,000 Tesla or not, executive says EV maker will need a more affordable model

Green Car Reports

Tesla needs a more affordable model, an executive said at a recent invite-only investor conference. Martin Viecha, the automaker's head of investor relations, spoke at the invite-only Goldman Sachs tech conference in San Francisco Monday.

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Volkswagen announces production start date for its most affordable $20K ID.1 EV

Baua Electric

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. 1 and the vehicle is planned for 2027,” Shafer confirmed during VW’s annual press conference Thursday. The $20K Volkswagen ID.1

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford’s CEO Jim Farley reiterated his concerns over the low-cost overseas rivals during a Wolfe Research conference last month. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

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VW plans under-$35,000 EV for US arrival around 2027

Green Car Reports

Volkswagen is once again planning to bring an affordable electric vehicle to the U.S. According to reporting from Reuters, from one of its own trade conferences in Detroit, VW Group of America product strategy chief Reinhard Fischer confirmed the new product focus for North America.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

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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Sub-$40,000 EVs can't yet be profitable, says GM CEO

Green Car Reports

General Motors CEO Mary Barra said in a conference Friday that EVs selling for less than $40,000 can't be profitable just yet. It's an unexpected statement from the head of an automaker that's been fairly optimistic about affordable EVs.

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Volkswagen CEO says a $22K electric car is possible around 2025

Electrek

Is Volkswagen launching an affordable EV? At a conference Wednesday, the automaker’s CEO, Oliver Blume, said an electric car priced around $22,000 (20,000 euros) is possible by the latter part of the decade. more… The post Volkswagen CEO says a $22K electric car is possible around 2025 appeared first on Electrek.