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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. However, due to the pivot, plans for its three-row electric SUV have been put on the back burner.

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BYD taps US chipmaking giant NVIDIA to power its next-gen EV fleet

Baua Electric

US chip-making giant NVIDIA is expanding ties with several Chinese automakers, including BYD , as the race for the best software and features heats up. BYD, Chinese EV makers select NVIDIA Drive Thor NVIDIA announced the partnership with BYD during its GTC conference on Tuesday. FTC: We use income earning auto affiliate links.

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Ford plans new electric pickup and SUV, starting around $25k – Charged EVs

Baua Electric

In February, Ford CEO Jim Farley announced that his company has been quietly working on a low-cost platform for smaller EVs for the last two years. Now we learn that two of the first EVs to be built on the platform will be a small electric pickup and SUV, with starting prices around $25,000.

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BYD is launching its next-gen Blade EV battery soon with more range and even lower cost

Baua Electric

Will the new battery be BYD’s X-factor in its “liberation battle” over gas-powered vehicles? BYD’s Blade batteries power Tesla, Ford, Kia, Hyundai, Toyota, and other popular electric vehicles from major automakers. The batteries are installed in most BYD models, such as the low-cost Seagull, Dolphin electric hatch, and Atto 3 SUV.

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BYD had its slowest profit growth in two years in Q4

Teslarati

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. million battery-electric vehicles (BEVs) last year. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 percent to 180.04

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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

A new report claims BYD’s new EV platform will slash costs even further as the automaker kicks off a “liberation battle” against gas-powered cars. Best known for its low-cost EVs, such as the Dolphin, Atto 3, and sleek Seal sedan, BYD is taking its game up a notch in 2024. It’s gas-powered cars.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Hyundai’s best-selling electric SUV, the IONIQ 5, set a new sales record last month, pushing EV sales up 100% over last year.