Remove Affordable Remove All-Electric Remove Manufacturer Remove Tesla
article thumbnail

Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. Image: Tesla] Become a& TTAC insider.

article thumbnail

Ford CEO Farley Again Promises Profitable, Affordable EVs for the Masses

The Truth About Cars

Speaking with Yahoo Finance , Farley said his company aims to develop affordable EVs that compete with the rising tide of Chinese models. Saying that China’s investments in EVs have “paid off so far,” Farley noted that Ford is on track for its next-generation electric models to be profitable and affordable.

article thumbnail

Tesla seeking 56% cut in $/kWh, $25K EV in three years through manufacturing and design innovations

Green Car Congress

Elon Musk used Tesla’s much-anticipated Battery Day presentation not to disclose some super cell, but to outline an aggressive, comprehensive and radically innovative approach to battery design, manufacturing and vehicle integration that he projected will result in a 56% reduction in cost/kWh and a $25,000 electric vehicle in about three years.

article thumbnail

Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The report also stated that Ford will use lithium-iron-phosphate battery cells to save money, an approach that it already uses for base Mustang Mach-Es and which Tesla takes with the cheapest Model 3.

article thumbnail

Why Tesla competitors will need more than affordability to take EV pioneer’s crown

Teslarati

Over the past several years, automotive manufacturers from all corners of the world have jumped head-first into electric vehicle production. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives. But it goes much further than that.

article thumbnail

Asian EV Manufacturers You Should Know

Clean Fleet Report

Most people are aware of key players like Hyundai and Nissan, but there are so many other EV manufacturers that are taking over Asia—and possibly set to conquer the international market, including the U.S. Below are just some of the EV manufacturers worth knowing about. Zhidou Zhidou is a Chinese manufacturer of electric microcars.

article thumbnail

J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

Luxury EVs Still Wield Outsize Influence on Affordability. While true parity between the EV and ICE vehicle markets will only be achieved when manufacturers produce more mainstream EVs, the recent news cycle has been dominated with updates on luxury SUVs and trucks like the new Escalade IQ from Cadillac and the Tesla Cybertruck.