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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Electrek

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024.

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Ford may build its affordable EV platform in this key overseas market to revamp sales

Electrek

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales.

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Ford may build its affordable EV platform in this key overseas market to revamp sales

Baua Electric

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. New Tesla Model 3 (Courtesy of Tesla, Inc.)

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4

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Ford doubles down on EVs despite heavy losses in Q1

Teslarati

Ford is doubling down on electric vehicles (EVs) despite the fact that its Model e unit reported heavy losses in the first quarter. Ford’s EV unit, called the Model e, reported plunged revenues of up to 84% to nearly $100 million in the first quarters. Tesla has acknowledged some pressure in EV market.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. Ford is also expected to build an EV for ridesharing services, and Bloomberg reported that Ford has fewer than 100 people working on the project. All automakers in the U.S.

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Look out Ford Maverick and Hyundai Santa Cruz! Toyota plotting affordable all-electric baby HiLux  

EV Central

In a recent interview with US industry journal Automotive News , Toyota North America’s CEO Ted Ogawa said that the carmaker wanted a ‘baby HiLux’ to rival the strong-selling Ford Maverick and Hyundai Santa Cruz and hinted that such a ute could be battery-powered. The post Look out Ford Maverick and Hyundai Santa Cruz!

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