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Battery cost makes affordable Toyota EV unlikely, exec says

Baua Electric

An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. Toyota Urban SUV Concept Carlucci’s statements regarding the state of EV affordability in Europe is similar to what Honda’s global CEO said just last week.

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

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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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market. EVs, while also committing to the revival of the rotary engine.

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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

Green Car Congress

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Currently, CAM and pCAM processing is highly concentrated in Asia.

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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. According to the car-maker’s global product planning boss, Ivan Espinosa, the new car being plotted will be designed to snare buyers in their early 20s. .” Definitely.”

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Driving Towards a Sustainable Future: The Rise of Electric Autos in India

Baua Electric

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. Additionally, major automakers are investing heavily in R&D to develop affordable and high-performing electric vehicle models specifically designed for the Indian market.

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GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

Green Car Congress

The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. The cells use a proprietary low cobalt chemistry and ongoing technological and manufacturing breakthroughs will drive costs even lower. Photo by Steve Fecht for General Motors).

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