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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. In February, sales of the electric SUV surged 64% year over year. billion last year.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

While automakers prepare to launch their next wave of electric vehicles, Hyundai already has an EV that checks all the boxes. According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. 361 $43,656 SEL RWD 77.4

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Xcel Energy wants 1.5M EVs in its service areas by 2030; 30x increase from today

Green Car Congress

million electric vehicles in its service areas by 2030. If realized, EVs would make up 20% of all vehicles on the road in those areas—more than 30 times the number today. Xcel services customers in Colorado, Michigan, Minnesota, New Mexico, North and South Dakota, Texas and Wisconsin. Powering 1.5

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BYD’s $10,000 Seagull EV was the top-selling car in China last month

Baua Electric

BYD’s cheapest electric car, the Seagull, was the top-selling car in China last month, with nearly 41,000 models sold. Of them, 148,470 were all-electric. The company said the Seagull is now China’s best-selling A00 class model and pure electric car for the sixth consecutive month. kWh or 38.88

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Audi is the latest automaker to reveal plans for a lower-cost EV

Baua Electric

Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. Despite the recent public debate, there is no doubt the future of the car is electric,” Audi’s boss explained.

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BYD opens shop in the Caribbean with 10 new markets planned by the end of 2024

Baua Electric

After setting a new weekly sales record in early May, BYD nearly topped its all-time sales record last month. Of them, nearly 146,400 were fully electric. BYD has sold 580,974 all-electric vehicles so far this year, up 19% compared to the 488,600 sold a year ago. In Mexico, it starts at $19,780 (358,800 pesos).

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BYD nearly tops all-time sales record in May as EV price cuts boost demand

Baua Electric

BYD achieves second highest sales record in May After hitting a new electric vehicle (EV) weekly sales record in early May, BYD is not slowing down. With 331,817 NEVs (EVs and PHEVs) sold last month, BYD is closing in on its all-time sales record. Fully electric vehicle sales also trended higher.

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