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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Encouraging both to work together is the influx of cheap Chinese EVs that have flooded European markets eroding established European brand’s market share in all segments. An entry EV will also help prepare for the next wave of bargain-priced EVs that are already on sale in China.

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A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. That’s around 9% of its sales.

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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

Green Car Congress

IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. In contrast, low energy, cheap LFP packs sourced from China can be used for the low energy needs of electric scooters. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data.

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Honda looks to build a $14 billion EV and battery plant in Canada

Baua Electric

After calling off beats with GM to “beat out Tesla” with a cheap SUV, it has now emerged with news that it is mulling over a $14 billion EV and battery plant in Canada. So far, Volkswagen and its battery company PowerCo are building a gigafactory for cell manufacturing in St. Thomas, Ontario, with production starting in 2027.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

Ford is also expected to build an EV for ridesharing services, and Bloomberg reported that Ford has fewer than 100 people working on the project. Despite its losses, Ford is still pushing to earn the number one EV sales spot, which Tesla currently holds. All automakers in the U.S. Mexico-Canada free trade agreement.

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The Chevrolet Silverado EV Will Apparently Not Have a $40K Base Price

The Truth About Cars

It looks like the first units for sale will be the $79,800 4WT trim -- these trucks are meant for fleet sales. Cheap EV trucks will likely be on the market someday. The $74,000 3WT trim is soon to follow, and AG speculates that the lower trims won't come in at less than $60K. Today, it appears, is not that day.

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Race to break the $30K barrier: Volkswagen will launch ID.1 budget-buy in 2027

EV Central

The iD1 is designed to help the German brand fight off the invasion of cheap Chinese imports such as the MG2 and rival European cars like the incoming Renault Twingo and the Dacia Spring EV that’s already on sale. READ MORE: Baby Volkswagen ID.2-based

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