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Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla

Baua Electric

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. Ford is “secretly” developing a low-cost EV platform Following Tuesday’s Q4 and full-year 2023 earnings results, Farley explained that Ford is adjusting its capital while switching gears to focus on smaller EVs. billion this year.

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Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. The Prologue is based on GM’s Ultium platform, with up to 296 miles range.

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

Baua Electric

The batteries are installed in most BYD models, such as the low-cost Seagull, Dolphin electric hatch, and Atto 3 SUV. This could enable fully electric models to exceed 621 miles (1,000 km) CLTC range, which would be the highest among LFP batteries. The batteries are a major reason behind BYD’s success.

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Toyota to receive $853 million subsidy to expand local battery production

Teslarati

Toyota plans to produce low-cost battery cells with 621 miles of cruising range before 2030. The Japanese automaker aims to eventually make cells providing over 700 miles of range. Meanwhile, Chinese suppliers command a big chunk of the pie thanks to big names like CATL.

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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. 2024 Hyundai IONIQ 6 trim Battery (kWh) Estimated Range (miles) Starting Price SE Standard Range RWD 53 240 $38,615 SE RWD 77.4 361 $43,656 SEL RWD 77.4

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. Based on Hyundai’s E-GMP dedicated EV platform, the same one underpinning the IONIQ 5 , the IONIQ 6 offers up to 361 miles of driving range.

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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. BYD is leading an offensive against ICE vehicles.

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