Green Car Congress
DECEMBER 1, 2021
Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.
Green Car Congress
JANUARY 31, 2023
With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.
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Teslarati
MARCH 23, 2023
Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. Hence, the price of EVs has become intertwined with the cost of lithium , which has slowly become cheaper thanks to massive investments worldwide. But how could this affect Tesla pricing?
Electrek
MARCH 22, 2023
Tesla Model 3 used prices are now down 21.5% On average, the used price of Tesla’s cheapest vehicle is down by more than $11,000. more… The post Tesla Model 3 used prices are down more than $11,000 appeared first on Electrek. since last year’s peak.
The Driven EV News
MARCH 21, 2023
The price war between Tesla and BYD has been focused mainly on the China market, but is now starting to be felt elsewhere. The post Tesla and BYD electric vehicle price war shows EV price cuts are a trend, not a fad appeared first on The Driven. And that's good news for consumers.
Teslarati
FEBRUARY 20, 2023
Used Tesla prices have fallen dramatically since Tesla’s price cut at the beginning of this year but remain elevated compared to other used offerings. With that attention and demand from consumers, it’s no wonder that used Tesla prices remain elevated as wait times for new vehicles persist.
Teslarati
MARCH 22, 2023
New data reveals that the Tesla Model 3 is leading the current fall in used vehicle prices, particularly in the used EV segment. At one point, vehicle prices were still spiking, largely thanks to the constrained production of new vehicles. Overall, iSeeCars found that used vehicles had contracted in price by 4.7%
Green Car Reports
JANUARY 2, 2023
Teslas have generally held their value better than other electric cars, but used Tesla prices are now dropping fast, according to a recent Reuters report. The average price of a used Tesla in November 2022 was $55,754, down 17% from a July peak of $67,297, according to the report.
CN EV Post
JANUARY 5, 2023
A Tesla executive says the price cut is due to the company's good cost control and a government call, but apparently, the more important reason is weak demand. The post Tesla's cost-based pricing is reason behind price cut in China, exec says appeared first on CnEVPost. For more articles, please visit CnEVPost.
Green Car Reports
FEBRUARY 21, 2023
Hyundai has put a price tag on the Ioniq 6 electric sedan for the U.S., and its starting price lands just $70 less than the 2023 Hyundai Ioniq 5 electric crossover. The price of the 2023 Ioniq 6 Standard Range is $42,715, including the $1,115 destination fee.
CN EV Post
MARCH 20, 2023
NIO 's management previously said they expect lithium carbonate prices to fall back to RMB 200,000 per ton this year, boosting gross margins. The price of lithium, a key raw material for batteries, is accelerating its decline. That latest average price is down 3.85 percent, the previous biggest drop of the year.
Teslarati
MARCH 18, 2023
Polestar has launched the Polestar 3 electric SUV in China and has slashed its starting price by roughly $29,000. Now, likely to improve its competitiveness, Polestar has issued one of the most significant price cuts the Chinese market has seen this year. What do you think of the article? Shoot me an email at william@teslarati.com.
Green Car Reports
MARCH 6, 2023
Over the weekend, Tesla again cut prices on its Model S sedan and Model X SUV. The company already lopped $10,000 off the price of the Model S in January, as part of sweeping price cuts across the entire lineup; now it’s cut another $5,000.
CN EV Post
MARCH 13, 2023
The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.
The Driven EV News
MARCH 21, 2023
Polestar new electric SUV launches in China with a massive price cut as the battle among EV makers deepens in world's biggest car market. The post Polestar slashes launch price of new Polestar 3 as China EV price war deepens appeared first on The Driven.
Teslarati
FEBRUARY 20, 2023
Nissan has cut the price of its recently launched Nissan Ariya in China, following a similar move from Toyota earlier this month. Tesla’s price cuts at the beginning of this year have had a massive effect on competing automakers, and nowhere has that been seen better than in China. What do you think of the article?
CN EV Post
MARCH 9, 2023
CATL 's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said. Battery makers also recognize that they must share the price volatility of battery materials with car companies, Li said at the time.
Green Car Reports
FEBRUARY 5, 2023
Electrify America plans to raise EV charging prices in March, with frequent users seeing the biggest price hike. Members of the company's Pass+ frequent charging program will see rates increase to $0.36 per kwh, while non-members will pay $0.48 Both rates increase by $0.05 kwh, but Pass+ members also pay a $4.00
CN EV Post
MARCH 17, 2023
Polestar has officially unveiled the Polestar 3 in China today with what it calls a new pricing system. | Polestar.US Polestar gave the Polestar 3 SUV its global debut on October 12 , 2022, when it announced its two versions with starting prices in China of RMB 880,000 and RMB 1,030,000, respectively.
CleanTechnica EVs
JANUARY 20, 2023
When Tesla cut prices across the board last week, some worried the company had an oversupply problem. They're not worried any more.
CN EV Post
MARCH 14, 2023
China's auto industry is facing cyclical swings in the transition to electrification that can't be weathered by price wars and require automakers to stick to brand values, an NIO executive said. Not only is NIO not dropping prices for 90 days, but prices won't change for a longer period of time, he said.
Green Car Reports
JUNE 2, 2022
The Bolt EV gets a price drop. Chevrolet has announced a big price drop for the 2023 Chevy Bolt EV. The Biden administration may be letting more ethanol out to fuel pumps. Volvo EV interfaces will get snappier. And the company most invested in wireless charging claims that customers want it as an option.
Teslarati
MARCH 9, 2023
While the effects of Tesla’s price cuts earlier this year have certainly been felt in western markets, the impact has been even more profound in China, where Tesla is locked in a head-to-head battle for EV sales dominance with BYD. The post BYD issues discount in China as the EV price battle continues appeared first on TESLARATI.
CN EV Post
FEBRUARY 25, 2023
This is BYD's first price cut this year, meaning that keeping market share stable in 2023 may be more important than maintaining profit margins. The post BYD cuts prices on some models, delivery wait times shortened appeared first on CnEVPost. For more articles, please visit CnEVPost.
CN EV Post
MARCH 16, 2023
A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The Volkswagen Phideon, with an official guide price of RMB 343,000 to RMB 449,000, received an RMB 50,000 discount, while most other models received discounts of RMB 25,000 to RMB 30,000. 4 X and ID.6
CN EV Post
MARCH 16, 2023
BYDDY.US | BYD HK (Image credit: BYD) As the price war in China's auto industry continues, BYD (OTCMKTS: BYDDY) has launched revamped versions of its flagship sedan and flagship SUV at lower prices than previously available models. As a comparison, the previous BYD Han had a starting price range of RMB 219,800-298,800.
Green Car Reports
JANUARY 13, 2023
Tesla has once again lowered prices. As of Thursday the automaker's online configurator shows price cuts for every model in its lineup. The Model Y received the biggest cut, of about 20% across the lineup.
Green Car Reports
FEBRUARY 6, 2023
The past couple weeks have signaled that the EV price war has begun. And Electrify America raises prices. Electrify America last week announced price hikes for EV fast-charging. BMW will turn to Mexico to make some of its more affordable EVs for the U.S. This and more, here at Green Car Reports.
CN EV Post
MARCH 9, 2023
A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.
Green Car Reports
NOVEMBER 14, 2021
The base price of the Tesla Model Y now tops $60,000, which is more than the original base price of the Model S from 2012. A recent perusal of Tesla's website showed the base Model Y Long Range now starting at $60,190. This version has 318 miles of range, dual-motor all-wheel drive, and can do 0-60 mph in 4.8 seconds, per Tesla.
Teslarati
MARCH 13, 2023
BMW and Volkswagen (VW) have announced massive price cuts in China, following the likes of 5 other automakers who are battling an initial price cut from Tesla late last year. Tesla’s massive price cut in China has caused an avalanche of similar price adjustments from competing manufacturers attempting to keep up.
Teslarati
FEBRUARY 20, 2023
Tesla China is continuing its incremental price increases on the Model Y, adjusting the prices of both the Long-Range and Performance trim levels late last week. Tesla increased prices on both Model Y configurations by 2,000 yuan, or $291.87. The automaker cut prices on both the Model 3 and Model Y by between 6 and 13.5
Electrek
JANUARY 17, 2023
Chinese electric vehicle maker Xpeng announced Tuesday it would cut prices on some of its most popular models. The move comes after Tesla and others in the region have implemented similar price drops, fueling what could be a competitive pricing war in China.
CleanTechnica EVs
FEBRUARY 7, 2023
With the automaker’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions, some of the industry’s analysts say. Tesla’s price cuts have effectively waged a “price […]
Teslarati
FEBRUARY 28, 2023
The Audi Chief of Europe has stated the brand will not follow Tesla in introducing a price cut on its electric vehicles. And while Audi’s Chief of Europe has stated that the company will not follow its new rival in introducing an EV price cut, some worry that it is losing its competitive edge. What do you think of the article?
CleanTechnica EVs
JANUARY 4, 2023
An analysis by Bloomberg finds that Tesla vehicles typically sell for close to the average sale price of all cars in a market segment.
Green Car Reports
FEBRUARY 28, 2023
deliveries March 1, as a report indicated the automaker is planning to lower lease prices. Vinfast on Monday confirmed plans to begin U.S. Vinfast had reported the first batch of 999 U.S.-bound
Teslarati
JANUARY 19, 2023
Tesla ( NASDAQ: TSLA ) price cuts are being labeled as under-appreciated by analysts at Piper Sandler, who are indicating investors “should be “proactively buying” shares. Piper Sandler analysts believe the sentiment from consumers behind the price cuts is not being fully recognized.
Green Car Reports
JANUARY 13, 2022
Prices of used Tesla electric cars have soared according to a new report from battery analysis firm Recurrent. The averages prices of most used EV models rose dramatically in 2021 but Recurrent, which markets battery health reports for EVs, appears to connect price increases for new Tesla vehicles to the rise in used-Tesla prices.
CN EV Post
MARCH 14, 2023
EV makers including Leapmotor , Neta and Denza have all introduced 90-day price protection policies. Image credit: Neta) As the auto price war in China continues, some electric vehicle (EV) makers are beginning to make it clear that they will not cut prices in an attempt to dispel the wait-and-see sentiment of potential consumers.
Electrek
FEBRUARY 10, 2023
Tesla is slightly raising the price of the base Model Y in China after an important price cut last month resulted in a significant increase in orders. more… The post Tesla raises Model Y price in China after price cut resulted in order boom appeared first on Electrek.
Green Car Reports
OCTOBER 19, 2022
After a year of shocking price increases, prices of used cars—including EVs—are slowing starting to decline, according to battery analysis firm Recurrent. Recurrent, which issues battery health reports for used EVs, tracks the prices of certain EVs from model years 2017 to 2019.
Teslarati
MARCH 20, 2023
Tesla ( NASDAQ: TSLA ) investors should prepare for tightening margins as price cuts wage a war between electric vehicle makers, Morgan Stanley said in a note. “We believe EV price cuts are not a fad, but a trend,” analysts wrote in a note. Others have avoided the strategy altogether.
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