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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Ford hasn’t had the best luck with profitability on its electric vehicle business, but the automaker is not shying away from aiming at the cheaper end of the EV spectrum. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices.

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New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. With the federal tax credit and estimated gas savings in place, the upgraded Model 3 Performance becomes more affordable than the mid-tier Model 3 Long Range Dual Motor AWD variant.

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BYD launches cheaper Seagull electric car with starting price under $10,000 to fuel price war

Electrek

BYD’s cheapest electric car just got even more affordable. The EV maker is fueling its price war with gas-powered cars with the launch of its newest “mini Lamborghini” electric car. The BYD Seagull EV Honor Edition starts at $9,700 (69,800 yuan), 5% cheaper than the previous model.

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Gas is still expensive. These are currently the best affordable electric bikes we’ve tested.

Electrek

The whole “Don’t like gas prices? But if you weren’t already aware, there’s a much more practical alternative to conventional pedal bikes: fun and energy-efficient electric bikes! The post Gas is still expensive. These are currently the best affordable electric bikes we’ve tested. I know, I know.

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NBA star Jimmy Butler pledges to go electric after gas station shock

Teslarati

NBA star Jimmy Butler was shocked when he stopped to fill his car up with gas. Facing a gas bill of $145, Butler noted that he was going electric. ” He also joked that he might as well put some gas back and try to get a refund. “This is highway f**king robbery. . “This is highway f**king robbery.

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Tesla China promotes Model 3/Y’s affordability with new incentive program

Teslarati

The incentives seem to be part of the electric vehicle maker’s efforts to boost its vehicle sales in the country. Tesla China leaned into its vehicles’ affordability in its post on Weibo. The best-selling Model 3/Y has a daily payment of only RMB 154 at most, which is equivalent to the price of a hot pot meal.

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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

One factor that is coming into clear focus is pricing, as Ford recently found out with the Mustang Mach-E. In response to flagging demand, the automaker cut prices on the electric SUV and has seen an uptick in sales as a result, showing that cost remains a significant hurdle for many prospective buyers.

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