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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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Tesla increases Model 3 Performance price in the U.S.

Teslarati

Just a few days after it was launched, Tesla has increased the price of the Model 3 Performance, though basic options still render it more affordable than the Long Range configuration with the federal tax credit. The Model 3 Performance is now priced at $53,990 in the U.S. In addition to launching in the U.S.

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Hyundai is launching two new electric cars in Europe, a low-cost EV and new IONIQ model

Baua Electric

Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market share in the region. Hyundai does not see its EV growth slowing in Europe over the next few years. Some parts of Europe, like Germany, ended subsidies on electric cars.

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. Tesla price cuts push EV market toward affordability with broader influence In 2022, Tesla’s prices were higher and were competing with companies such as Mercedes-Benz, Aston Martin and Lexus.

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Tesla Model Y trim gets minimal price increase in China

Teslarati

Tesla Model Y Rear-Wheel-Drive units in China received minimal price increases of less than a percentage point this week. Tesla increased the price of the base Model Y trim level from 259,900 yuan ($38,167.27) to 261,900 ($38,460.97). percent increase in price and is relatively minimal, but still a slight uptick. It is only a 0.8

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Honda CEO: Solid-state batteries may enable affordable small EV by 2030

Baua Electric

Honda built its original reputation around affordable small cars like its Civic. It might take a technology breakthrough, like solid-state battery tech, before Honda sees a small, affordable car as making sense—late in the decade. Yet decades on, segueing into an era of EVs, it has no battery-electric equivalent to the Civic.

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Tesla requests PM Modi to cut import taxes on electric vehicles 

Electric Vehicles India

Tesla requests PM Modi to cut import taxes on electric vehicles . Tesla Inc urged the Prime Minister’s Office to cut down the import taxes on electric vehicles before it enters the market. Tesla wants to start selling imported cars in India this year but it says taxes in India is very high among the highest in the world.

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