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BYD produces 200K units of its most affordable EV 

Teslarati

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. It debuted at the Shanghai Auto Show in April 2023 with a price tag of $11,300 in China. According to CnEVPost , the BYD Seagull currently has three variants on the market.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US.

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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

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Why Tesla competitors will need more than affordability to take EV pioneer’s crown

Teslarati

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

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Hyundai teases its new INSTER EV for the first time, the latest affordable electric car

Baua Electric

The all-electric city car is expected to be the latest affordable EV to hit the market, but will it make it to the US? In the US, Hyundai is chipping away at Tesla’s (wide) lead in the EV market. of the US EV market through May. of the US EV market through May. Tesla still holds a 40.5%

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Used Tesla Model 3s and Model Ys aren’t depreciating nearly as fast as their luxury vehicle counterparts, despite five price cuts in the year’s first quarter. Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners.

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NIO planning on releasing affordable electric car for European market: report

Teslarati

Chinese electric vehicle manufacturer NIO appears to be preparing to capture some market share from mainstream automakers like Volkswagen. According to recent reports, NIO plans to launch a competitively priced model for the European market at a price tag below 30,000 euros (about $33,060).