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Volkswagen’s new EV focus combines customer needs with affordability

Teslarati

In 2027, Volkswagen Group said it would launch a lineup of entry-level and affordably priced electric vehicles under the Brand Group Core. The launch is planned for Europe and will be the culmination of years of efforts. It’s about entry-level electric mobility from Europe for Europe.”

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Tesla announces Model Y price increase coming to Europe

Teslarati

Tesla has announced its latest price increases set to hit one of its vehicles, with the automaker this time planning to increase the price of its economy-level Model Y SUV in multiple European countries. Tesla also launched price increases in Germany and Norway in February , applying to all three of the SUV’s configurations.

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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BYD’s strategy to take over Europe [Feature]

Teslarati

BYD’s strategy to take over Europe was recently revealed in a report by Reuters. Below are the strategies BYD and Chinese automakers are implementing to deploy their vehicles in Europe. “In China, the purchase price is important. BYD and other Chinese automakers have studied the European auto market for years.

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.

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NIO says it’s not afraid of Tesla and will challenge VW with affordable EVs in Europe

Electrek

NIO is set to launch two new brands, one of which will be aimed at VW in Europe with a starting price below 30,000 euros (about $33,165), but the EV startup has other plans to take on Tesla. more… The post NIO says it’s not afraid of Tesla and will challenge VW with affordable EVs in Europe appeared first on Electrek.

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VW plans 2027 debut for $22,000 EV for Europe, beyond

Green Car Reports

Volkswagen on Tuesday announced a goal of launching an EV priced at 20,000 euros—equivalent to $22,000 at current exchange rates—in 2027. This affordable EV is aimed at the European market, with a high degree of manufacturing and supply-chain localization entailed in the project, VW said in a press release.

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