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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

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Honda admits it needs affordable EVs with plans for an electric Civic successor

Baua Electric

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new “0 series” electric brand at CES earlier this month. Let us know below.

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DOE to award $47M to develop affordable clean hydrogen technologies in support of Hydrogen Shot

Green Car Congress

The US Department of Energy (DOE) announced up to $47 million in funding ( DE-FOA-0002920 ) to accelerate the research, development, and demonstration (RD&D) of affordable clean hydrogen technologies. R&D needs for both applications have been identified with industry, university, and national laboratory expert stakeholder input.

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NFI Industries orders 60 Volvo VNR Electric trucks

Green Car Congress

NFI Industries—a leading third-party supply chain solutions provider—is increasing its investment in electromobility solutions with its latest order of 60 Volvo VNR Electric trucks. —Bill Bliem, senior vice president of fleet services at NFI. Earlier post.)

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Pavna Industries inks deal with Ola Electric to supply ignition switches, latches for EVs – ET Auto

Baua Electric

New Delhi: Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Swapnil Jain, Managing Director of Pavna Industries Ltd.,

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. 2023 Ford Mustang Mach-E (Source: Ford) The bad news Although the lower prices are working to move inventory, can Ford afford to keep prices lower? Ford’s Mach-E turn rate continues to trail behind the industry average.

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Libertine awarded $3.6M to develop renewable-fueled free-piston-engine range extenders for battery electric trucks

Green Car Congress

million) in Innovate UK funding to advance development of its range-extender concept for heavy-duty applications. Libertine says that free-piston range-extender engines can offer the efficiency of fuel cells, the durability of conventional engines and achieve carbon reductions using renewable fuels. million (US$3.6

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