article thumbnail

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.

Price 145
article thumbnail

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 also launched price increases in Germany and Norway in February , applying to all three of the SUV’s configurations.

Europe 129
article thumbnail

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

Electrek

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

BYD 145
article thumbnail

BYD cuts price of most affordable EV to less than $A20,000

The Driven EV News

BYD reveals a refreshed version of one of the most affordable EVs with a starting price of under $A19,000. The post BYD cuts price of most affordable EV to less than $A20,000 appeared first on The Driven.

article thumbnail

GM cuts 2024 Chevy Blazer EV price by thousands, resumes sales

Green Car Reports

GM announced Friday that it’s dropping prices by up to $6,520 on its 2024 Chevrolet Blazer EV, while resuming sales and deliveries of the model to customers. The Blazer EVs once again reaching customers have been given “significant software updates,” according to Chevrolet.

GM 186
article thumbnail

Analysts: 40% drop in 2023-2025 EV battery prices will boost sales

Green Car Reports

A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs.

Price 182
article thumbnail

Ford cuts Mach-E EV prices by thousands as sales plunge

Green Car Reports

Ford cut Mustang Mach-E prices by up to $8,100 after sales of the electric SUV reportedly fell by more than 50% in January. The automaker has lowered prices on multiple 2023 Mustang Mach-E models, reducing the base price by $3,100 to $41,695 with the mandatory $1,800 destination charge.

Price 175