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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Farley noted that company executives are aware of buyers’ desire for more affordable EVs, noting Ford’s recent price cuts on the Mustang Mach-E, which gave the SUV a striking sales bump. The automaker’s hybrid models are quite popular, however, driven to a large degree by its expansive fleet business.

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CATL teases Tesla batteries for robotaxi fleet

Teslarati

CATL’s Chairman (Contemporary Amperex Technology Co Ltd) teased Tesla batteries for the robotaxt fleet. Elon Musk has shared his concerns about high interest rates affecting car sales. Tesla is constantly reducing costs to make its vehicles more affordable.

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New Vehicle Prices Rise Agan, While Affordability Dips

Green Fleet Magazine

The share of new-vehicle sales from luxury brands drove up average transaction prices, when combined with fewer discounts and incentives, caused new vehicle affordability to fall.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Set to arrive in summer 2024, the 2025 Honda Civic Hybrid will be much more than a niche model, with the automaker anticipating 40% of Civic sales will be hybrids. sales in calendar year 2023. Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon.

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Massive Tesla fleet sighted in Vancouver, Canada

Teslarati

As per a recently shared video online, a massive fleet of imported Teslas has been sighted at a port in Vancouver, Canada. The footage of the Tesla fleet was initially shared on social media platform TikTok before it was shared on other platforms such as X, formerly Twitter. Don’t hesitate to contact us with news tips.

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EV sales near 8% of US new vehicle market

Baua Electric

EV sales will reach 8.0% S&P expects this uncertainty to be a temporary speed bump to EV sales; in late 2023 it declared that it was doubling its U.S. EV sales forecast for 2030 due to the anticipated positive impact of IRA provisions. new-vehicle sales this year, more evidence that, at least for now, the U.S.

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Feature: Bridging the EV Affordability Gap

Clean Fleet Report

In the Build Back Better Act, Congress proposed making the federal EV tax credit refundable and transferable through financing, making it easier for the middle class to save $7,500 on tax credits at point of sale or finance. The post Feature: Bridging the EV Affordability Gap first appeared on Clean Fleet Report.