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Tesla Giga Mexico is a 3-phase project, will produce Cybertruck: Governor

Teslarati

As noted by the governor of Nuevo León, Samuel García Sepúlveda, in recent comments, Giga Mexico would be a three-phase project. Following a meeting with the Economic Development Council of Nuevo León, the Governor highlighted that details of Gigafactory Mexico’s negotiations would be transparent.

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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 first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact. All automakers in the U.S.

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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.

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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.

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Rough road for EV industry

Green Car Congress

America’s electric vehicle (EV) industry seems to have hit a rough patch of pavement in recent months. Lithium prices continue to rise, and no new domestic lithium sources have yet to be established. By Brent Wilson, CEO of Galvanic Energy. Tesla isn’t the only EV manufacturer facing these hurdles. And Ford isn’t the only one.

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Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday. You can think of it more as the size of a Tesla Model Y.

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GM CEO teases reborn Chevy Bolt — an Ultium-based, affordable contender to Tesla’s next-gen car

Teslarati

Considering the outgoing vehicles’ prices, the potential reborn Chevy Bolt EV would likely be priced in the sub-$30,000 range. This would place the vehicle in the same segment as Tesla’s upcoming electric vehicle, which is expected to start production once Gigafactory Mexico is operational.