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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. Stephanie Valdez-Streaty , director of Industry Insights at Cox Automotive, said: “EV sales continue to grow in the U.S., Better choices and more options are helping push prices lower and drive higher sales.”

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

per cent) A healthy and growing pool of affordable used EVs is critical to their wider adoption in Australia. New electric vehicle sales in Australia March 2024 comprised 9.5 This compared to 4451 offered for sale in February 2024 out of which 1232 were sold. Just 297 PHEVs were offered for sale in March 2024 with 147 sold.

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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 Sales of the all-electric Volkswagen ID.2 Revamping the Golf name and attaching it to an all-electric compact vehicle might be good for sales and popularity. 2 electric vehicle. 2 are expected to start in 2023. The VW ID.2

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Rivian CEO outlines ‘master plan’ in new interview

Teslarati

The first product Rivian fans can look forward to is the brand’s R2 line of vehicles , which the CEO distilled very well, pointing out that they will be a more affordable offering than the R1 vehicles currently for sale.

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

Teslarati

6 EV for sale to customers in Germany. 6 to Europe would provide local customers with an affordable EV option but probably undermine the EV price range in Europe. Volkswagen is suing a German car dealer for importing the China-exclusive ID.6 6 electric vehicle (EV) into Germany. Brudny bought 22 ID.6 Bringing the FAW-VW ID.6

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Land Rover EV conversion packs in-wheel motors, weighs same as original

Baua Electric

Land Rover Defender EV conversion by Protean The first completed Defender EV has a 75-kwh battery pack affording 153 miles of WLTP range—likely in the vicinity of just 110 to 125 miles if it were to be run in EPA-cycle tests. Very few Endurance trucks were built, however.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Most prominently, Recurrent believes Tesla owners are holding onto their vehicles for longer than ever, which can be seen in the decreased number of used Teslas for sale. Recurrent reports that the number of used Tesla vehicles for sale has been cut in half since one year ago. Credit: Recurrent Auto What do you think of the article?

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