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EIA expects significant increases in US wholesale electricity prices this summer

Green Car Congress

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas.

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Electric price war: MG announces massive price cuts across EV range, up to $9,000

The Driven EV News

MG cuts prices on all EV models, including the MG4 and ZE electric, with nearly $9,000 taken off the driveaway prices on some models. The post Electric price war: MG announces massive price cuts across EV range, up to $9,000 appeared first on The Driven.

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Electric vehicles will crush fossil cars on price as lithium and battery prices fall

The Driven EV News

Fossil car makers are in for a rude surprise as EVs accelerate toward price parity, as new research points to significant falls in the cost of raw materials. The post Electric vehicles will crush fossil cars on price as lithium and battery prices fall appeared first on The Driven.

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BYD launches cheaper Seagull electric car with starting price under $10,000 to fuel price war

Electrek

BYD’s cheapest electric car just got even more affordable. The EV maker is fueling its price war with gas-powered cars with the launch of its newest “mini Lamborghini” electric car. The BYD Seagull EV Honor Edition starts at $9,700 (69,800 yuan), 5% cheaper than the previous model.

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Ford reverses course, cuts F-150 Lightning prices by up to $5,500

Green Car Reports

Ford is cutting prices on some 2024 F-150 Lightning electric pickup trucks by up to $5,500, CarsDirect reports, citing a bulletin sent by Ford to dealerships. Effective April 5, the XLT Standard Range grade gets a $2,000 price cut, bringing its base price down to $65,090 with the mandatory $2,095 destination charge.

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Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices!

CleanTechnica EVs

continued] The post Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices! Our dealer-connected auto industry veteran of many years, Jo Borras, came across a big find this week. It’s a Cox. appeared first on CleanTechnica.

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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . We are raising Model Y prices.

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