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CMU/Yale study suggests BEVS could be majority or near-majority of cars and SUVs by 2030 given technology trends

Green Car Congress

A study by a team from Carnegie Mellon University and Yale University suggests that BEVs could constitute the majority or near-majority of cars and SUVs by 2030, given widespread BEV availability and technology trends. The availability of EV models on the market has improved significantly, and the price-premium has dropped over time.

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Alabama-built Mercedes-Benz EQE electric SUV to start at $77,900

Green Car Congress

The all-new EQE SUV ( earlier post ) is the second fully-electric SUV from Mercedes-Benz based on the premium-class electric architecture (EVA2), following the EQS SUV. Starting from $77,900, the 2023 EQE SUV will arrive in US dealerships in spring. The overhangs and the front-end assembly have been kept compact.

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GAC Motor officially releases all-electric SUV GE3 into the Chinese market

Green Car Congress

China-based GAC Motor has introduced its all-electric GE3 SUV into the Chinese market; the GE3 made its international debut at the 2017 North American International Auto Show (NAIAS) in January. The GE3 is based on a new EV platform and positioned as a medium- to high-end electric SUV. Earlier post.). Earlier post.).

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Mullen Automotive acquires controlling interest in EV truck maker Bollinger Motors

Green Car Congress

Mullen Automotive, an emerging EV manufacturer, is acquiring a controlling interest in EV truck maker Bollinger Motors. The purchase price is $148.2 million in cash and stock for a 60% controlling interest, which gives Mullen the majority ownership of Bollinger Motors. Bollinger B1: Class 3 Sport Utility EV SUV.

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Kia set to export this all-electric SUV at a price that undercuts Tesla

Baua Electric

South Korean automaker Kia has started production on its all-electric EV5 SUV for export in China, with the first markets targeted being Thailand and Australia, with Australia’s price expected to undercut Tesla’s Model Y. Kia’s top seller in Australia is the Sportage hybrid SUV with around 15,000 sales.

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Average price of new light trucks in 2019 was 43% higher than average price of new cars

Green Car Congress

Prices for new light trucks—pickups, vans, and sport utility vehicles (SUVs)— averaged 43% more than new cars in 2019. From 1990 to 1995, cars had a higher average price than light trucks. Price data are adjusted for inflation (constant 2019 dollars). Light trucks include classes 1-3. Sources: Cars – U.S.

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Lotus opens Eletre Hyper SUV orders in North America, shares pricing and delivery timelines

Baua Electric

Beginning today, customers in North America can customize and order the Eletre, a new hyper SUV from Lotus long promised as part of the sports car developer’s journey to go 100% electric. We’ve also learned when those initial Eletre customers can expect to take delivery and how much Lotus is charging in pricing the SUV’s two variants.