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Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday. One of them, the Kia EV3, is expected to launch by the end of the year.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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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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Renault's hot hatch for Europe costs less than any US-market EV

Green Car Reports

Unveiled at the 2024 Geneva auto show, the new Renault 5 E-Tech combines retro styling and affordability. The cult-classic Renault 5 hatchback has returned as an EV—at a lower price than any electric car currently available in the U.S.

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Volkswagen to go solo on affordable EVs after ending talks with Renault

Baua Electric

Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. Renault announced plans to launch the Twingo e-Tech successor, the Legend, last November. 4 (right) Volkswagen and Renault go solo on affordable EVs Renault plans to continue developing the Twingo EV, which is set to launch in 2026.

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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. According to CnEVPost , the BYD Seagull currently has three variants on the market. IF Metall claims half of Tesla’s service techs are union members, but Tesla says over 90% are working.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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