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Tesla slashes prices in two biggest economies to sustain EV market share

The Driven EV News

Tesla cuts prices in some of its largest markets, making some models the cheapest they've ever been. The post Tesla slashes prices in two biggest economies to sustain EV market share appeared first on The Driven. Elon Musk says it is to ensure "production is met with demand".

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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The 2022 Fuel Economy Guide, released by ORNL for the DOE/EPA fueleconomy.gov website, provides up-to-date information on fuel economy, environmental and safety data, so consumers can choose the most fuel-efficient vehicle that meets their needs. Interest in EVs is clearly increasing as more models come on the market.

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

Green Car Congress

A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. Estimated attribution of fuel savings due to fuel economy improvements to light-duty vehicles since 1975.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Lightning Systems lowers prices of electric powertrains while adding and enhancing features

Green Car Congress

Commercial electric vehicle manufacturer Lightning Systems is lowering the prices of its 2021 battery and fuel cell electric vehicles by 10 to 50% for Class 3 to Class 8 vehicles. In addition to lower prices, zero-emission vehicles from Colorado’s Lightning Systems also will have new features, including: High-speed Level 2 charging.

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Tesla announces Model Y price increase coming to Europe

Teslarati

Tesla has announced its latest price increases set to hit one of its vehicles, with the automaker this time planning to increase the price of its economy-level Model Y SUV in multiple European countries. Tesla has also been facing issues at its Gigafactory outside of Berlin, which produces the Model Y for the European market.

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U Chicago study proposes market-based approach to fuel economy standards to deal with impacts of fuel price volatility

Green Car Congress

Volatile gasoline prices have caused some regulators and carmakers alike to question the cost and effectiveness of current fuel economy standards, with some arguing they are too stringent and others saying they should be even stronger.