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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Ford hasn’t had the best luck with profitability on its electric vehicle business, but the automaker is not shying away from aiming at the cheaper end of the EV spectrum. The automaker’s hybrid models are quite popular, however, driven to a large degree by its expansive fleet business.

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BYD launches cheaper Seagull electric car with starting price under $10,000 to fuel price war

Electrek

BYD’s cheapest electric car just got even more affordable. The EV maker is fueling its price war with gas-powered cars with the launch of its newest “mini Lamborghini” electric car. The BYD Seagull EV Honor Edition starts at $9,700 (69,800 yuan), 5% cheaper than the previous model.

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Are Electric Cars Really Cheaper To Own And Drive Than Gas Cars?

CleanTechnica EVs

Electric vehicles have grown more affordable throughout 2023, and many have found them even cheaper than driving gas cars over their lifespan. From reduced lifetime maintenance costs and savings on charging, can EVs really be cheaper than owning and driving gas cars?

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Forth and Mobility Development partner to launch national EV carsharing program; affordable model for underserved communities

Green Car Congress

Forth and Mobility Development Group are creating a national partnership to launch the Affordable Mobility Platform (AMP), which will establish electric vehicle (EV) carsharing based at affordable housing sites in at least five states over the next two years. —Creighton Randall, CEO of Mobility Development.

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Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off

Baua Electric

Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.” Ford is also delaying its larger, electric three-row SUV as it shifts to smaller EV options.

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NBA star Jimmy Butler pledges to go electric after gas station shock

Teslarati

NBA star Jimmy Butler was shocked when he stopped to fill his car up with gas. Facing a gas bill of $145, Butler noted that he was going electric. ” He also joked that he might as well put some gas back and try to get a refund. “This is highway f**king robbery. . “This is highway f**king robbery.

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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