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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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Report: Almost Half of America's New EV Sales Are Leases

The Truth About Cars

The rules around federal EV tax credits changed at the beginning of this year, making it more difficult for vehicles to qualify. TransUnion’s executive vice president and head of financial services, Jason Laky, said, “Consumers are once again returning to leasing as an attractive and affordable alternative to financing new vehicles.

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Review: 2025 Volvo EX90 EV reboots the brand but doesn’t flaunt it

Baua Electric

Keep to quick first impressions of the 2025 Volvo EX90 and you might get the wrong idea. The exterior of the Volvo EX90 is what it needs to be—an evolution from the XC90. 2025 Volvo EX90 Touchscreen’s the key touchpoint There’s no shying away from the 14.5-inch

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Kia mulls EV plant in Thailand to take on Toyota and BYD with affordable electric cars

Baua Electric

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Affordable electric cars are coming Kia has already revamped the brand as the industry transitions to electric with a new logo and design. Meanwhile, Kia has bigger (or, smaller and more affordable) plans. billion in EV investments.

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EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. 4, followed by the new Volvo EX30 , and two old favorites, the Nissan LEAF and Hyundai Kona. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models. In the month of February, plug-in vehicles took 92.1%

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Rising UK sales reflects growing consumer confidence in EVs

My Energi

According to data from the Society of Motor Manufacturers and Traders (SMMT), 34,034 battery electric vehicles (BEVs) and 16,604 plug-in hybrids (PHEVs) were registered in June 2024, increasing 7.4% While you may expect this investment to hit your finances hard, in reality EVs are far more affordable than you’d think.

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Hyundai and Ford’s EV registrations outpace the competition in March

Baua Electric

With new affordable models like the Volvo EX30 and Chevy Equinox EV, some see the momentum picking up in 2024. With some of the most affordable and fuel-efficient EVs on the market, Hyundai expects the momentum to continue this year. EVs built at the facility are expected to qualify for the $7,500 federal tax credit.

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