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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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Report: Future BMW I3 Will Be Less Weird Than Original

The Truth About Cars

Over its nine-year production run, the little EV amassed roughly 250,000 sales globally and only about 45,000 of those landed in the United States. It was far more popular in Europe, with Germany seeing 47,500 i3 sales all by itself. On our market, the i3 was rarely seen beyond urban hubs.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

—things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. —things are far from back to “normal,” or at least the normal defined by the consumer-incentive-induced sales levels of the past. million units in lost vehicle sales this year.

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Report finds US automakers remain profitable under future CAFE standards even with fuel price fluctuation

Green Car Congress

When gas is very cheap, people tend to buy bigger, more profitable trucks. In that event, the Detroit Three automakers could lose 300,000 vehicle sales, $1.08 billion in sales of fuel-efficient technologies. But even if gas prices tank, falling 25% below US Energy Information Administration projections to an unlikely $1.80

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SEG Automotive set to commission a new 400V motor line in Hosur | Autocar Professional

Baua Electric

In CY23, the combined sales of electric two-wheelers (857,052 units / up 36%), and e-three-wheelers (581,696 units / up 66%), accounted for an overwhelming 94.25 This puts us in a disadvantageous position compared to cheap imports from China.

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India stays No. 3 spot in global car sales but Japan fast closing the gap | Autocar Professional

Baua Electric

From the sizeable difference of 344,058 PVs in CY2022, Japan has reduced the gap with India sales to 115,929 units in CY2023. Expectedly, this trend should continue in the future as well,” said Shashank Srivastava, senior executive officer, Sales and Marketing at Maruti Suzuki India. in 2020 to 6.1%

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The i4 EV is now the cheapest lease in BMW’s entire lineup

Baua Electric

BMW is a luxury automaker, so the i4 isn’t a cheap car. The i4’s lease cash isn’t going to disappear anytime soon, making it “an attractive EV to lease for the foreseeable future,” CarsDirect predicts. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

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