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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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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.

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CATL, BYD To Slash Battery Prices By 50% In 2024. BOOM! EVs Win!

CleanTechnica EVs

CATL says it will begin selling LFP battery cells in the VDA format at price less than $60 per kWh hour by the middle of this year. The post CATL, BYD To Slash Battery Prices By 50% In 2024. appeared first on CleanTechnica.

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2024 VW ID.4 price rises for substantial upgrades, more range

Green Car Reports

4 gets a price increase for the new model year, but also a number of upgrades. Prices start at $41,160 (including a mandatory $1,425 destination charge) for models equipped with the smaller 62-kwh battery pack. The 2024 Volkswagen ID.4 That's a $2,370 increase from the 2023 model year, when the 62-kwh pack was introduced in the ID.4

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2024 Lucid Air prices drop, $71,400 Air Pure undercuts Model S

Green Car Reports

As of Thursday morning, the starting price of the 2024 Lucid Air Pure is just $71,400, reflecting a price cut of $7,500—significantly undercutting the most affordable current version of the Tesla Model S for those who don’t require all-wheel drive.

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Tesla loses another fleet customer due to price cuts and value fluctuation

Teslarati

Tesla is losing yet another fleet customer due to price cuts and value fluctuation, as SAP said today that the changes are too much of a risk due to wiping out resale values. Price cuts across Tesla’s lineup hurt the resale value of the fleet altogether. SAP said it would remove Tesla from its list of company car suppliers.

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Tesla cuts Model 3, Y price again: Is an EV price war here yet?

Green Car Reports

Tesla late Thursday introduced yet another price cut for its Model 3 and Model Y, as represented on its consumer website, bringing the price of these new EVs down to their lowest ever.

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