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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. The trend is consistent with steady growth in availability and affordability. Power EV Index.

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

Power, EV adoption in the US is growing increasingly divided, with the most active states for EV adoption already on the path to parity with internal combustion engine (ICE) vehicles and consumers steadily pulling back on EV purchases in the least-active states. Power 100-point index , bringing the total Adoption score to 21.

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J.D. Power launches EV Index; measuring roadblocks to EV adoption, parity to gas-powered vehicles

Green Car Congress

Power has introduced the J.D. Power EV Index, an analytics tool to track the growing EV market in the United States. This factor measures the proportion of new-vehicle buyers who have an EV purchase option that meets their buying needs, reflective of factors like price, manufacturer origin, segment and other inputs.

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Rad Power Bikes announces price reductions across all electric bike models

Baua Electric

Rad Power Bikes , one of the leading electric bicycle companies in the US, has just slashed prices on all of its e-bikes. The company made the announcement today, effectively ushering in many of the best holiday sales from late last year as new permanent pricing for 2024. FTC: We use income earning auto affiliate links.

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J.D. Power study finds consumer EV consideration in Canada significantly lags US

Green Car Congress

Power Canada Electric Vehicle Consideration (EVC) Study. Growing concerns about affordability and infrastructure (both from charging and electrical grid perspectives), have caused a significant decline in the number of consumers who see themselves in the market for an EV anytime soon. —J.D. —J.D.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Electrek

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

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LiPower Mars 1000 portable power station review: An ultra-affordable solar-powered generator

Electrek

Having tested the Mars 1000 portable power station from LiPower, I’m happy to see that prices for such cool and useful technology are headed in the right direction, namely down. And with LiPower offering an exclusive discount for Electrek’ s readers, a portable power station of this capacity has never before been this affordable.