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Small, cheap EVs expected to boost market share by 40% next year in Europe

Electrek

Despite predictions of a major slump in automatic sales around the globe, the European auto industry predicts that this will spark a huge uptick in EV sales in the EU – and that’s thanks to a flood of new, cheap models hitting the market.

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QOTD: What's Next for Cheap Cars?

The Truth About Cars

There are fewer cheap new cars on the market than ever, it seems, and the picture looks worse with the death of the Mitsubishi Mirage. These are usually not good cars -- I drove a rented Nissan Versa to upstate New York and back last summer and was quite happy to give the keys back -- but some people can only afford cheap cars.

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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. ” The post Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports appeared first on EV Central.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Chinese EVs hit with EU probe after massive surge of cheap electric vehicle imports

Electrek

The European Union launched an investigation over Chinese EV subsidies as the global markets are “now flooded with cheaper electric cars.” more… The post Chinese EVs hit with EU probe after massive surge of cheap electric vehicle imports appeared first on Electrek.

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US EV Sales Up 143%, Walmart Electric Semis, & Cheap Electric Vehicles — Top Cleantech News

CleanTechnica EVs

continued] The post US EV Sales Up 143%, Walmart Electric Semis, & Cheap Electric Vehicles — Top Cleantech News appeared first on CleanTechnica. The past week or two has included several original CleanTechnica reports that I think are especially noteworthy and fun to.

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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. The post A cheap Toyota EV?

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