article thumbnail

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

Baua Electric

Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market. EVs, while also committing to the revival of the rotary engine.

article thumbnail

Ford doubles down on EVs despite heavy losses in Q1

Teslarati

billion in losses, before interest and taxes (EBIT) were accounted. As we all have seen, the EV adoption rate globally is under pressure and a lot of other order manufacturers are pulling back on EVs and pursuing plug-in hybrids instead. The legacy automaker attributed most of its revenue pound to EV price cuts.

Ford 122
article thumbnail

Chevy Blazer EV stop-sale ends with drastically lower prices, full tax credit eligibility

Baua Electric

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The electric SUV also regained the full $7,500 EV tax credit after adjusting its battery supplier. The electric SUV also regained the full $7,500 EV tax credit after adjusting its battery supplier.

article thumbnail

Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Affordable electric cars are coming Kia has already revamped the brand as the industry transitions to electric with a new logo and design. Meanwhile, Kia has bigger (or, smaller and more affordable) plans. billion in EV investments.

article thumbnail

Honda CEO: Solid-state batteries may enable affordable small EV by 2030

Baua Electric

Honda built its original reputation around affordable small cars like its Civic. As Honda’s global CEO alluded this past week in a Q&A with Green Car Reports and various automotive and tech media at CES, it doesn’t see how the parallel pencils out quite yet. 2024 Honda Prologue Honda hasn’t had a U.S.

article thumbnail

SAFE Report: electricity shortfalls impede IRA’s materials production goals

Green Car Congress

However, the series of bills do not address the main obstacle to producing primary aluminum: access to ample supplies of affordable energy, the report says. The SAFE “ Legislative Analysis for the U.S. Unfortunately, the demand-side drives for aluminum outpace these few supply-side investments.

article thumbnail

Conversion supporters petitioning Obama Administration to extend tax incentives to plug-in conversions

Green Car Congress

Entrepreneurs and advocates for electric and plug-in hybrid vehicles conversions have taken advantage of the platform to create a petition urging the Administration to extend the Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives, currently granted for new plug-in vehicles, to plug-in conversions.