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BYD unveils new low-cost ‘interstellar chariot’ electric SUV complete with a drone landing

Baua Electric

BYD’s Fang Cheng Bao brand unveiled its new Super 3 electric SUV concept Tuesday, which has a rugged “interstellar chariot” design. Complete with a landing pad for your drone, the new EV is expected to cost less than $28,000 (200,000 yuan). Once the concept goes into production, it’s expected to go by the name Bao 3.

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DOE selects 15 projects for $32M to advance lower-cost fusion concepts; ARPA-E BETHE

Green Car Congress

These projects will work to develop timely, commercially viable fusion energy, with the goal to increase the number and performance levels of lower-cost fusion concepts. However, there remains a need to lower the costs of fusion development and accelerate its development timeline to have appreciable impact. Earlier post.)

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TM4 receiving $3.7M to develop low-cost wheel motors

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million in funding from Sustainable Development Technology Canada’s (SDTC) SD Tech Fund, through the ecoENERGY Innovation Initiative, to develop low-cost wheel motors for electric and hybrid vehicles. Several experimental prototypes of engine and electronic power subcomponents will use innovative materials and/or concepts.

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DeepDrive to unveil new central drive unit at IAA Mobility

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DeepDrive, a Munich-based deep-tech company backed by BMW and Continental ( earlier post ), will unveil a new central drive unit for electric vehicles as a world premiere at the IAA Mobility 2023 (4 - 10 September). The key enabler for the dual-rotor concept is a new distributed winding concept with a slot-filling factor above 80%.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. In response to “the slowdown in EV demand growth,” Kia plans to launch more hybrids while introducing new low-cost electric models. million in 2030.

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

Volkswagen is aiming for its new low-cost electric vehicles to debut in 2027. Meanwhile, after failing to find an agreement with VW, Renault still plans to launch a low-cost Twingo e-Tech successor, starting around the same price. It will kick off a series of low-cost EVs, including the EV2, EV3, EV4, and EV5.