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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. Electric vehicle prices are down more than 22 percent year-over-year, standing at an average of $50,683 compared to $65,295 during September 2022. The electric vehicle industry as a whole decreased 2.9

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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 One significant confirmation is BYD surpassing Tesla as the top producer of battery-electric vehicles. million units.

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Volkswagen to reveal new electric model on March 15

Teslarati

Volkswagen CEO Thomas Schäfer officially announced that the German automaker plans to preview a new electric model during its presentation on March 15. The all-electric ID.2 Sales of the ID.2 3 may compete with Tesla Model Y after €3k price drop Making EVs More Affordable The ID. Volkswagen is expected to unveil the ID.2

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Lightning Systems Gen 2 electric Ford Transit named in CARB executive order; new NMC batteries for longer range

Green Car Congress

Lightning Systems, a global developer of zero-emissions drivetrains for commercial fleets, has had its longer-range, higher-speed, Generation 2 model of its Lightning Electric system for the Ford Transit ( earlier post ) named in an Executive Order from the California Air Resources Board (CARB). The new vehicle also is available nationwide.

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Volkswagen ID.2 to rival Tesla’s expected $25,000 vehicle

Teslarati

Volkswagen is preparing to enter the same segment as Tesla’s upcoming affordable car with the ID.2 2 electric vehicle. Sales of the all-electric Volkswagen ID.2 2 might be the electric equivalent of the German automaker’s popular compact five-seater, the VW Golf. 2 are expected to start in 2023.

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Volkswagen sues car dealer for importing ID.6 EV to Germany

Teslarati

6 electric vehicle (EV) into Germany. 6 EV for sale to customers in Germany. 6 costs significantly less than electric vehicles in the European EV market—even after import costs, it seems. 6 to Europe would provide local customers with an affordable EV option but probably undermine the EV price range in Europe.

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Electrify Home Announces Availability of HomeStation Electric Vehicle Charger

EV Obssesion

The post Electrify Home Announces Availability of HomeStation Electric Vehicle Charger appeared first on EV Obsession.