article thumbnail

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

Electrek

While automakers prepare to launch their next wave of electric vehicles, Hyundai already has an EV that checks all the boxes. 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.

article thumbnail

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. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

article thumbnail

Nissan LEAF and Ariya top most affordable EVs in Q1 as Hyundai, Tesla, Toyota close in

Electrek

Electric vehicle prices have come down significantly, with the top five most affordable EVs in Q1 all selling for under $41,000. Two Nissan EVs topped the list, while Hyundai, Tesla, and Toyota electric models rounded out the top five.

article thumbnail

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. in January.

Price 404
article thumbnail

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.

article thumbnail

Tesla’s Elon Musk gives subtle nod to more affordable FSD monthly subscriptions

Teslarati

Tesla CEO Elon Musk appears to have given a subtle nod to the idea of more affordable Full Self-Driving (FSD) monthly subscriptions. Do it @elonmusk pic.twitter.com/5r1vJAaTXZ — Sawyer Merritt (@SawyerMerritt) April 12, 2024 Tesla launched FSD subscriptions in July 2021 after much anticipation from the electric vehicle community.

article thumbnail

Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Ford hasn’t had the best luck with profitability on its electric vehicle business, but the automaker is not shying away from aiming at the cheaper end of the EV spectrum. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices. Image: Ford] Become a& TTAC insider.