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GM, Honda announce new partnership to build affordable electric vehicles

Teslarati

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM By 2027, GM and Honda plan to launch low-priced and affordable electric options, including compact crossover vehicles, officials said. The companies already have worked together with EVs and autonomy.

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Tesla wins Kelley Blue Book’s 2023 5-year Cost to Own Award for premium EVs

Teslarati

Consumers are well aware that vehicle ownership involves not only the purchase price of cars but also the vehicle’s total cost of ownership. With this in mind, Kelley Blue Book (KBB) named its 2023 model-year brand and category winners of its 5-Year Cost to Own Awards.

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Why new EV incentives are the nail in the coffin for ICE manufacturers

Teslarati

With Rivian beginning initial deliveries of the R1T earlier this month, the company will have to fend off stiff competition from the Ford F-150 Lightning, the GMC Hummer EV, and the Tesla Cybertruck. After all, the bill does state that the incentive is to make EVs more affordable for middle-class Americans. million reservations.

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Volvo Unveils Compact EX30 All-Electric SUV

The Truth About Cars

Despite all-electric vehicles being heralded as environmentally sound solutions that would kick down the door to affordable mobility, there haven’t been a lot of good examples hitting the market recently. General Motors recently released the absolutely ludicrous GMC Hummer EV while the Chevrolet Bolt is being discontinued.

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Update: Top 10 Electric Cars

Clean Fleet Report

The Model 3 its affordable ($35,000 as it was originally advertised, though most have sold for more), smaller model changed everything. Bolts jolts the market with 200+ miles of range and an affordable price. Flash Drive: 2022 Chevrolet Bolt EUV ; News: GMC Hummer EV First Edition Sells Out ; Cadillac Lyric First Look.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

The goal of using taxpayer dollars to increase sales of electric vehicles should serve two primary purposes: 1) To reduce the cost differential between comparable EV and ICE vehicles to make EVs more attractive and more affordable to more people. Option to Convert the Tax Credit to a Time of Purchase Rebate.

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Solving the Electric Vehicle Charging Conundrum

Cars That Think

But the difference is that only a minority of Americans today can afford to buy a new car. Is it worth the extra almost 50 percent added to the cost of the car? How big a deal is that when we consider this high initial cost of electric vehicles? You will look not just at an initial cost, but at how much they cost to maintain.