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Hyundai to begin production of Casper mini EV for Europe in July: report

Teslarati

Hyundai is reportedly looking to launch an affordable electric version of its Casper mini SUV in Europe later this year, which is expected to rival other small electric vehicles (EVs) in the market. Hyundai is currently building a new EV factory in South Korea , which broke ground in November and is expected to cost around $1.5

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Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

After a record 2023, Hyundai and Kia are not slowing down this year. With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. trillion) in profits last year.

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Hyundai is launching two new electric cars in Europe, a low-cost EV and new IONIQ model

Baua Electric

Despite talk of an “EV slowdown,” Hyundai is charging ahead. Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market share in the region. Hyundai does not see its EV growth slowing in Europe over the next few years.

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Kia to launch affordable EV4 electric sedan next year with an ambitious production goal

Baua Electric

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. A new affordable EV is coming next year Kia unveiled the EV4 last October as part of its new lineup of mass-market electric vehicles. Next year, the EV3 will launch in Europe and the US.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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Volkswagen aims to debut new affordable electric vehicles in 2027 with prices around $22,000

Baua Electric

The new affordable VW EVs are expected to be priced around $21,800 (20,000 euros). VW still aims for affordable EVs to debut in 2027 After walking away from its partnership to develop an entry-level EV (20,000 euro) with Renault, Volkswagen is going solo. VW said last week it was still looking at its options for affordable EVs.

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Honda asks: Could leased batteries lead to more affordable EVs?

Baua Electric

Honda CEO Toshihiro Mibe, last year told Green Car Reports and others that it would take a battery breakthrough to be able to offer a small affordable car that might be U.S.-bound. Years ago, the Renault Zoe in Europe was one of the first EVs to offer such a plan. appeared first on Bauaelectric Auto News.

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