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Toyota Australia’s bZ4X price warning: ‘it’s not going to be cheap’

EV Central

But rather than the version of the car that is already on sale overseas, the Toyota bZ4X that will arrive late in the year will be an updated model that is yet to be revealed. The bZ4X will be the first of three EVs Toyota is promising by the end of 2026 as part of an electrified resurgence underpinned by more hybrids.

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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. Toyota is best known for the Prius hybrid, after all.

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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Source: Lux Research. Click to enlarge.

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Tesla Model Y and BYD Atto 3 lead the way as Chinese-built electric vehicle sales soar in Australia

EV Central

The Tesla Model Y continues to lead the electric car surge in Australia, finishing fourth outright on the sales ladder in July. Add in 604 Model 3 sedan sales and Tesla claimed eighth overall in July with 3934 sales. It also sits eighth for the year with 29,511 sales. Tesla’s tally is obviously the key to the 385.4

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Lexus lowers hybrid prices to reduce premium over gasoline substantially

Green Car Reports

Gas is cheap in the U.S. Hybrids are no longer a cutting-edge or cool technology; they're just another powertrain. The result is that hybrids have been quietly ebbing as a proportion of total vehicle sales. and has been for years.

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2018 Lexus RX 450hL hybrid three-row SUV priced from $51,600

Green Car Reports

Lexus invented the idea of a luxury hybrid utility vehicle in a version of its RX crossover well over a decade ago, but sales haven't been strong of late. Cheap gasoline, better fuel efficiency from all types of vehicles due to rising CAFE rules, and a lack of interest in hybrids have all hurt the latest version of the RX Hybrid.

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NADA forecasts light-duty vehicle sales of 16.94M in US in 2015; 56% trucks and SUVs

Green Car Congress

Low gasoline prices and pent-up consumer demand will combine to drive new car and light truck sales to an estimated 16.94 NADA’s original sales forecast of 16.4 We expect to see significant growth in sales of light trucks, particularly in the large-size CUV and SUV segments. Lower gasoline prices accelerate that shift.

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