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Kia Missed A Great Opportunity To Join The Budget EV Market

CleanTechnica EVs

Affordability has always been a challenge for EVs. Battery supplies proved to be more challenging than anticipated, and now we’re seeing the price of both EVs and their primitive piston pile cousins […].

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The drop in pricing was driven by significant price cuts from Tesla, which commands roughly two-thirds of the EV market. Sales volumes last month were up year over year by more than 6% but down from December, thanks in part to improved supply and added fleet sales. Tesla’s average transaction prices decreased $5,440, down 8.4%

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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

Hyundai & Kia take second place after Tesla in US EV sales Customers interested in purchasing a MY 2023 or MY 2024 ID.4 4 units is based on existing battery supplies. because it expands the choice of truly affordable EVs. 4 Pro has an 82 kWh battery with an EPA-estimated range of 275 miles. Only VW ID.4 Volkswagen ID.4

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Mitsubishi Mirage to Be Discontinued by 2025

The Truth About Cars

With so much of the market swapping to electrified products and/or dumping small cars in favor of larger vehicles boasting juicer returns for the manufacturer, Mitsubishi’s decision to ditch its infamous econobox is a predictable one. It may be the cheapest car money can buy on our market but it’s aging poorly.

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BYD eyes lithium giant takeover as it expands its EV battery business

Baua Electric

BYD’s Brazil head, Alexandre Baldry, said discussions were held over a possible supply agreement, joint venture, or acquisition of Sigma Lithium, according to the Financial Times. BYD, which began as a battery maker, has built its brand on affordable EVs like the Dolphin and Yuan Plus, both starting under $20,000 in China.

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Hyundai sets massive sales growth target propelled by new EV offerings

Teslarati

It is now a leader in affordable offerings and electric vehicles, along with the likes of Ford. Secondly, while Hyundai has performed admirably in the past year, tackling supply chain issues, due to the current COVID spike in China, many expect disruptions to continue. Finally, while the EV market in the U.S.

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Hyundai Motor Group and Seoul National University open joint battery research center; focus on Li-metal and solid-state

Green Car Congress

In addition, researchers from Hyundai Motor and Kia will be dispatched to the center to participate as members of the joint research team, maximizing research synergy through close communication and sharing of expertise. To support the center’s smooth research activities, the Group will invest more than KRW 30 billion (US$23.5 trillion (US$7.4

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