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Stellantis invests in affordable sodium-ion battery technology

Teslarati

Stellantis’ investment in Tiamat supports its goal to provide customers with clean, safe, and affordable mobility worldwide. Sodium-ion technology is free of lithium and cobalt and costs less per kilowatt-hour. Stellantis is partnering with different companies on battery tech, including lead cell supplier CATL from China.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Volkswagen to go solo on affordable EVs after ending talks with Renault

Baua Electric

Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. However, a low-cost Volkswagen electric car is still in the plans. Renault announced plans to launch the Twingo e-Tech successor, the Legend, last November. We are in different discussions, but nothing has been finalized,” the source said.

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Renault's hot hatch for Europe costs less than any US-market EV

Green Car Reports

Unveiled at the 2024 Geneva auto show, the new Renault 5 E-Tech combines retro styling and affordability. The cult-classic Renault 5 hatchback has returned as an EV—at a lower price than any electric car currently available in the U.S.

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Honda admits it needs affordable EVs with plans for an electric Civic successor

Baua Electric

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new “0 series” electric brand at CES earlier this month. Let us know below.

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

Baua Electric

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. Nissan aims for “significant next-generation EV cost reduction” with new partnerships and technology.

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BYD produces 200K units of its most affordable EV 

Teslarati

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. Sodium-ion batteries are believed to be less prone to fires and cost less compared to traditional battery chemistries. IF Metall claims half of Tesla’s service techs are union members, but Tesla says over 90% are working.

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