article thumbnail

Tesla improves cost of goods sold per vehicle once again

Teslarati

Tesla improved the cost of goods sold per vehicle to slightly above $36,000, continuing to improve on the metric with a sequential reduction in cost every quarter. ” In order to continue growth in the automotive portion of its business, Musk said that its biggest barrier was “affordability.”

Cost Of 138
article thumbnail

Affordable sub-$900 electric trike lowers cost of ultra-stable e-bikes in the US

Electrek

And now an entry into the market from Viribus promises even lower pricing to make electric trikes more affordable than ever. moreā€¦ The post Affordable sub-$900 electric trike lowers cost of ultra-stable e-bikes in the US appeared first on Electrek.

article thumbnail

Forth and Mobility Development partner to launch national EV carsharing program; affordable model for underserved communities

Green Car Congress

Forth and Mobility Development Group are creating a national partnership to launch the Affordable Mobility Platform (AMP), which will establish electric vehicle (EV) carsharing based at affordable housing sites in at least five states over the next two years. —Creighton Randall, CEO of Mobility Development.

article thumbnail

Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

Some automakers are launching small, affordable EVs for the European market, but Toyota currently has no plans to follow them, Andrea Carlucci, the automaker’s European development boss, said. It told Green Car Reports in 2021 that it aimed to make affordability, not range , the focus of its EV plans. But it’s only U.S.-market

article thumbnail

Hereā€™s how to take the sting out of the cost of installing a heat pump

Electrek

Heat pump installation has to become more affordable to make adoption more compelling in the US, but in the meantime, there are ways to mitigate that cost.

article thumbnail

Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Todayā€™s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. Toyota is the latest automaker to dismiss the viability of an affordable EV ā€”in this case, specific to the European market. Ram introduces a lineup of electric vans. And Tesla buyers can now get the $7,500 EV tax credit up frontā€”if they qualify. This, that, and whatever.

article thumbnail

Will it be a Hossan or Ninda? Honda dumps GM, plans new family of affordable electric cars with Nissan

EV Central

Radical Renault 5 electric hatch warming for Australia as Tesla rival after Geneva It’s not known if the ultimate aim of the new deal is to also help Honda roll out a new family of affordable electric cars, but originally the brand declared that from now until 2030 it will launch 30 new EVs.

Honda 89