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

Baua Electric

This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending. 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.

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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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Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

What Californians pay is much higher than the true marginal cost of using electricity. This puts an unnecessary cost burden on low- and middle-income households as we transition to using clean electricity. En Banc White Paper (Utility Costs and Affordability of the Grid of the Future, Feb.

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Future smaller Tesla EVs could cost half as much to make

Green Car Reports

Tesla earlier this week officially confirmed that it is developing a next-generation vehicle platform focused around affordability and potentially at about half the cost of the platform that underpins the top-selling Model Y and Model 3.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

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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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