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Battery cost makes affordable Toyota EV unlikely, exec says

Green Car Reports

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. 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.

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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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Kia’s affordable EV3 is coming soon… and it’s getting a sporty GT Line model

Electrek

A new low-cost Kia electric car is expected to debut this summer. Kia is set to reveal the affordable EV3 later this year, complete with a sporty GT Line trim.

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BYD’s affordable Seagull EV poised to arrive as the UK’s cheapest electric car

Electrek

BYD’s most affordable Seagull EV, starting under $10,000 (69,800 yuan), could arrive as the UK’s cheapest electric car. Although BYD has yet to confirm plans, UK leaders see a market for the low-cost “Lamborghini Mini” EV.

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Nissan Micra EV to debut later this year as new low-cost electric car

Electrek

Another affordable electric car is set to be unveiled later this year as Nissan looks to boost EV sales. Nissan will unveil a new Micra EV as its newest low-cost electric car.

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Nissan to make EVs more affordable, plans to slash costs to reach EV/ICE price parity

Electrek

Nissan launched a new business plan on Monday as the Japanese automaker looks to drive down EV costs. The new plan calls for significant EV cost reductions to reach EV and ICE cost parity by the end of the decade.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Electrek

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.