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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. And it definitely won’t be among the five new electric SUVs Toyota plans to launch by 2026, Autocar noted. But it’s only U.S.-market

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Get excited: Nissan is plotting an affordable electric performance car to take on the Toyota 86 and Subaru BRZ to win back young car buyers

EV Central

Nissan has admitted that it is considering reintroducing a fast, affordable and all-electric sports car to win over a new legion of young car fans. Something smaller, a bit more affordable. Definitely.” ” Nissan has always had a three-tiered performance car offering, and it’s something he wants to work towards.

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Archer taps FCA to accelerate eVTOL production

Green Car Congress

Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.

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Alibaba-backed DeepRoute unveils self-driving solution that doesn't require HD maps

CN EV Post

Image credit: DeepRoute) Many automakers in China are trying to move away from reliance on high-definition maps as they develop self-driving technology. solution, which it says is a solution that eliminates the need for high-definition maps and can facilitate mass production for automakers. Both versions of the Driver 3.0

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QOTD: What Price Performance?

The Truth About Cars

I bring this up because I think the definition of "cheap" has changed when it comes to performance. So relative to the ATP, a judiciously equipped Mustang GT is "affordable performance." On the other hand, many of us aren't in a financial situation where we can afford a vehicle that costs over $40K. So, what say you?

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Tesla Investor Day pushes price target higher for one firm

Teslarati

Along with that, Tesla could bring forth more details regarding the upcoming next-generation vehicle platform , which looks to bring in a wider customer base through more affordable options. “By this, we mean the broadest definition of investor, as in the people & life of Earth,” he said.

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Electric two-wheelers become cheaper in India-FAME II incentives 

Electric Vehicles India

This step from the Indian government will definitely bring massive change and increase in the adoption of electric vehicles. The notification stated that “Aggregation will be the key method for bringing the upfront cost of 3W EV at an affordable level and at par with ICE 3-Wheelers. Electric two-wheelers become cheaper.

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