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

EV Central

1 is in development, VW CEO Thomas Schaefer said that four different design proposals are under consideration, telling those present at the brand’s annual press conference that VW would price it below €20,000. To take so much cost out you need massive economies of scale,” he announced. READ MORE: Baby Volkswagen ID.2-based

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Opinion: 4 Things You Should Think About Before Buying a Sports Car

Clean Fleet Report

If you spend most of the week huddled in a conference room or behind a computer, spend the rest of the day indoors, perhaps an expensive sports car is not your ideal possession. Remember, you are buying a car, not a deal. Personal tastes and preferences, such as transmission type and color, should also be considered.

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Tesla Supplier LG Energy Solution tempers 2024 revenue expectations

Teslarati

I just can’t emphasize this enough: that the vast majority of people buying a car is about the monthly payment. “If interest rates remain high or if they go even higher, it’s that much harder for people to buy the car. They simply can’t afford it,” he said.

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US Conference of Mayors Adopts Resolution Calling on Federal Government to Support and Expand Natural Gas Vehicle Efforts

Green Car Congress

The US Conference of Mayors adopted a resolution at its 78 th Annual Meeting calling on the Federal government to accelerate its support for natural gas vehicles. The resolution calls for the following specific initiatives: Enact the New Alternative to Give Americans Solutions (NAT GAS) Act (S.

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Hyundai Motor Plans On Building More Hybrids Inside North America

The Truth About Cars

However, selling something few are buying isn’t a great business model — even if Western governments still plan on instituting emissions fines to punish automakers that don’t manage to comply. Chief Operating Officer Jose Munoz made the announcement on Wednesday during a conference hosted by the Financial Times. "I

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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium – ET Auto

Baua Electric

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. Aramco did not respond to a request for comment, Adnoc declined to comment.

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Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

Widespread adoption of plug-in electric vehicles (PEVs) in California could confer significant economic benefits by both 2030 and 2050, resulting in increases to Gross State Product (GSP), employment, real household incomes, and state revenue, according to a new report commissioned by the think tank Next 10.