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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. In February, sales of the electric SUV surged 64% year over year. billion last year.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Ford drastically cuts workforce at F-150 Lightning EV plant amid ‘much slower’ demand

Baua Electric

2024 Ford F-150 Flash (Source: Ford) Electrek’s Take The workforce reduction comes as Ford shifts plans from larger EVs to smaller , more affordable ones. CEO Jim Farley revealed Ford was developing a low-cost EV platform. Smaller, more affordable ones will win in the long run. It starts at $73,495. 4, and the Kia EV6.

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6 Best Electric SUVs and Crossovers (and how they’re changing the cost of driving)

EV Life

Americans are obsessed with SUVs and crossovers, which make up around 40% of all vehicles sold in the U.S. In addition to the mounting costs of gasoline, our love of SUVs is also costing the planet in terms of carbon emitted by sports utility vehicles (compared to more efficient sedans and hybrids.). Let’s face it.

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Xiaomi’s first EV will be under 35 lakh rupees

Electric Vehicles India

A popular Mobile phones brand will now make electric vehicles as the company is offering affordable mobile phones we can also expect similar for electric vehicles too. The CEO of the Xiaomi Group, Lei Jun, has unveiled that its first electric vehicle will be either an SUV or sedan and will be priced under CNY 100,000-300,000 (roughly Rs.

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The EV Battery Wish List

Cars That Think

Instead, Lucid leaders see a bright future in cars that aim for maximum efficiency — rather than range per se — via smaller, more-affordable batteries. Yet EV batteries are still central to automakers’ calculus, as they seek a sustainable, affordable supply in a period of explosive growth. kilometers from each onboard kilowatt hour.