article thumbnail

Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. million in 2030.

Kia 52
article thumbnail

Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. million in 2030.

Kia 52
article thumbnail

Lincoln puts EVs on the back burner amid Ford’s shift to more affordable EV models

Baua Electric

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

article thumbnail

Jeep is launching a $25,000 EV in the US ‘very soon’ to revamp the rugged SUV brand

Baua Electric

Another low-cost electric vehicle is headed to the US. A $25,000 Jeep EV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week. Meanwhile, the rugged SUV brand is already planning a more affordable EV model. “If However, this model is likely aimed at Europe.

Jeep 52
article thumbnail

DOE awarding $71M to 20 RD&D projects to cut GHG emissions, expand EV infrastructure; $5M to Achates for opposed-piston 2-stroke hybrid

Green Car Congress

Fiscal Year 2021 Low Greenhouse Gas (GHG) Vehicle Technologies RD&D DE-FOA-0002475. Affordable Mobility Platform (AMP). A Solid State Technology Enabled Compact, Modular Design to Reduce DC Fast Charging Cost and Footprint. Fully Electric Powered, Hydraulic Assisted, Compact Track Loader. Project Description.

Emissions 304
article thumbnail

Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

“Despite the recent public debate, there is no doubt the future of the car is electric,” Audi’s boss explained. “At At Audi, we will electrify all core segments by 2027 and have defined a fully electric target portfolio.” The new electric car is expected to launch in 2027. 2 SUV , the affordable EVs bigger sibling.

Audi 52
article thumbnail

Volvo and CATL have big plans for old EV batteries

Baua Electric

Volvo sold over 113,000 fully electric vehicles in 2023, up 70% compared to 2022. Electric cars accounted for 16% of Volvo’s total vehicle sales in 2023, but this year is expected to be even bigger. Rowan told Reuters he expects “tremendous growth” this year as new models like the low-cost EX30 roll out.

Volvo 52