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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. EV sales continue to increase as well, as the EV supply sits at 97 days at the beginning of October. partly due to strong supply and more choice. I’d love to hear from you!

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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. Despite Renault confirming it was in “good discussions” with Volkswagen to build an affordable EV in February, it looks like the automakers may go their separate ways. However, a low-cost Volkswagen electric car is still in the plans.

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Bakken Energy, Cummins and Schneider partner on design of the Heartland Hydrogen Hub for long-haul trucking

Green Car Congress

Bakken Energy, a developer of affordable clean hydrogen supply, signed a Memorandum of Understanding with each of Cummins Inc. The industry-led Hub will include Bakken Energy’s large scale affordable clean hydrogen production. and Schneider National Carriers Inc.,

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Chevron partners with Clean Energy On Adopt-A-Port initiative to supply renewable natural gas for port trucks

Green Car Congress

For its part, Chevron will provide funding for Adopt-a-Port and supply RNG to Clean Energy stations near the ports. Truck operators participating in the program, which supports the ports’ Clean Trucks Program and Clean Air Action Plan, agree to fuel up at the Clean Energy stations supplied with Chevron RNG.

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EV prices skyrocketed in November, highlighting affordability issue

Teslarati

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. Kelly Blue Book did not publish brand-specific transaction data as part of its report. The average vehicle sold for $48,861 (a record average price), an increase of 0.9%

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BASF and Toray Advanced Composites sign supply agreement to bring CFRT tape to the automotive industry

Green Car Congress

Toray Advanced Composites and BASF signed a manufacturing and supply agreement focused on the production of continuous fiber reinforced thermoplastic (CFRT) tapes for the automotive and industrial markets. The fiber manufacturer will reinforce BASF’s Ultramid PA6 (Polyamide) resins with either glass fiber or with carbon fiber.

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GM, Honda announce new partnership to build affordable electric vehicles

Teslarati

General Motors and Honda have announced a new partnership to develop affordable electric vehicles based on a global platform. “GM By 2027, GM and Honda plan to launch low-priced and affordable electric options, including compact crossover vehicles, officials said.

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