article thumbnail

Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

article thumbnail

Study: People Want to Buy EVs but Costs Are Still Too High

The Truth About Cars

A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership.& KPMG’s global automotive sector leader, Gary Silber, told Automotive News that “a lot of people are excited about the opportunity, but I don’t know how many people can afford it.”

Buy 98
article thumbnail

Kia EV3 debut, Silverado EV review, Bolt EV settlement, ID.7 delay: The Week in Reverse

Baua Electric

Kia EV3 Kia has revealed the production-bound EV3 electric SUV , and it closely follows both the EV3 concept and the much larger EV9 that’s already on sale. GM is reportedly considering an affordable Chevy Camaro EV as part of its rollout of Ultium electric vehicles. Power study. Although not yet confirmed for the U.S.,

article thumbnail

Tesla’s new customers come from Toyota, Honda most frequently: study

Teslarati

Brands like Ford, Chevy, and Hyundai/Kia, which have EV offerings, had a clear leg up on competitors who had no electric offerings; Honda, Toyota, and Lexus. The s egment is now led by Ford (28%), Kia (19%), Hyundai (16%) , and Chevrolet (16%). A couple of factors attributed to why customers left certain brands more than others.

Honda 99
article thumbnail

Hyundai Metaplant America to boost its EV sales in the US 

Teslarati

A study by the Center for Automotive Research estimated that Hyundai’s investments in Georgia will create about 40,000 jobs and result in $4.6 Hyundai Motor Group was second in EV sales last year thanks to its Hyundai and KIA brands. billion in individual earnings per year.

Hyundai 96
article thumbnail

Kia Niro EV panned, Mercedes-Benz A250e planned, plug-ins beat EVs: Today's Car News

Green Car Reports

Mercedes plans a new plug-in hybrid version of its smallest, most affordable model. A new study shows limited battery supplies would have a larger climate benefit in hybrids. A new study by. And Britain, which had planned to ban sales of cars that don't plug in after 2040, could move that date up 5 years.

Plug-in 71
article thumbnail

Gen X, Millennials buy the most EVs, as Boomers dominate policy

Baua Electric

Gen X and Millennials tend to buy more EVs than Baby Boomers, but the older generation is still in control of EV policy, a pair of recent studies show. 2024 Kia EV6 GT J.D. Experian’s fourth quarter 2023 Automotive Market Trends report, released Thursday, noted that 9.4% of new vehicles purchased by Gen X in 2023 were electric.

Buy 52