The Truth About Cars

JANUARY 30, 2024

4, equipped with SK On battery components, will be eligible for the full $7,500 Federal Tax Credit. 4, which start at a base MSRP of $38,995 before the tax credit, a more budget-friendly option in the electric SUV segment. 4 models is conditional on future battery production and may be subject to change. 4 The 2023 ID.4

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Baua Electric

MAY 28, 2024

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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Baua Electric

JUNE 3, 2024

Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.” For example, the F-150 Lightning battery could cost “$30,000 to $40,000.”

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The Truth About Cars

DECEMBER 28, 2023

Today, most EVs use lithium-ion batteries, just like the phone in your pocket. While the battery chemistry is well-known and thoroughly tested at this point in time, the setup has weaknesses that could be addressed by alternative designs.

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Sodium Chinese Battery Powered Lithium Ion 111

Baua Electric

MARCH 8, 2024

With drastically lower starting prices, the Blazer EV now starts at just over $50,000 and qualifies for the full $7,500 federal tax credit. The company confirmed it was temporarily pausing sales to fix a software quality issue. The electric SUV also regained the full $7,500 EV tax credit after adjusting its battery supplier.

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Teslarati

AUGUST 4, 2021

Nissan’s 2022 LEAF has established itself as the most affordable electric vehicle in the U.S. The base LEAF S has an unbelievably low starting price of just $27,400 before incentives, with federal tax credits potentially bringing the cost of the vehicle down to the sub-$20,000 level. market with the rollout of the newest models.

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Teslarati

JANUARY 7, 2024

Japanese automaker Honda is considering locations to build an electric vehicle (EV) factory in Canada featuring the use of in-house battery cells. Honda would be aiming to have the facility operational by 2028, and the company is planning to decide on a specific location by the end of this year. million sales per year by 2030.

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Green Car Congress

APRIL 8, 2022

billion) in funding to make zero-emission vehicles more affordable and to build a national network of charging stations. These investments will contribute to the development of a domestic zero-emissions vehicle value chain, including batteries, permanent magnets, and other electric vehicle components. Among its measures is up to C$3.8

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Baua Electric

FEBRUARY 9, 2024

The first Hyundai plant dedicated to building EVs and batteries in the US will be open as soon as this October. According to Hyundai Motor America CEO Jose Munoz, the brand is “pulling ahead” to gain eligibility for the $7,500 EV tax credit. A year later, the company announced that 99.9%

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Teslarati

JUNE 5, 2023

Tesla battery supplier Panasonic is accelerating plans to increase battery cell production at Gigafactory Nevada. Increasing battery production at Giga Nevada would likely help Tesla increase its vehicle production capacity and benefit from the Inflation Reduction Act’s (IRA) electric vehicle (EV) tax credits.

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Baua Electric

JULY 8, 2024

There are currently about 140 battery stations in Spain, the head of Acciona’s mobility business, Carlos Sotelo, said, adding the company was targeting more than 200 by the end of the year. Drive, swap the battery, repeat. The vehicle can carry two passengers and is designed to work with one or two lithium-ion batteries.

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Baua Electric

APRIL 1, 2024

battery-supply deal with China’s CATL, Car News China reports. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico, along with a GM license agreement for CATL’s LFP battery tech. car manufacturing.”

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Baua Electric

FEBRUARY 8, 2024

General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. “For more than 30 years, I’ve been focused on helping develop and commercialize battery technologies that will aid in the transition to electric transportation,” Kelty said in a statement.

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Cars That Think

MARCH 12, 2023

A battery will be the high-voltage heart of each of those 77 million electric vehicles, and by far their most expensive component, setting off a worldwide race to ethically source their materials and crank up production to meet exploding demand. Yet propelling this full-size luxury barge still demands a 112 kWh battery aboard.

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Battery Batteries Supplies GM 95

Teslarati

AUGUST 31, 2023

The Fisker Pear will be produced in the United States and would likely benefit from the country’s EV tax incentives from the Inflation Reduction Act. We created this vehicle with the idea that young people living in the world’s big cities need innovative, versatile, and affordable mobility,” said Chairman and CEO Henrik Fisker.

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Green Car Congress

AUGUST 6, 2023

In addition to the vehicles that were displayed on stage, the company detailed its Fisker Blade computer, a central computing platform that will greatly reduce complexity in forthcoming vehicles. An integrated battery pack powers Ronin to a targeted 600-plus mile range. The company produced 1,022 vehicles in Q2 2023.

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Baua Electric

JANUARY 8, 2024

After calling off beats with GM to “beat out Tesla” with a cheap SUV, it has now emerged with news that it is mulling over a $14 billion EV and battery plant in Canada. The company is expected to decide sometime this year, with production beginning in 2028. Thomas, Ontario, with production starting in 2027.

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Teslarati

JANUARY 17, 2023

based battery producer, has entered administration before ever producing battery cells. But according to the BBC , the company has entered administration with very little information on how it plans to move forward. This comes before the company could establish its 3.8 Britishvolt, a U.K.-based The post U.K.

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Green Car Congress

MAY 20, 2021

Ford unveiled the F-150 Lightning battery-electric pickup. F-150 Lightning offers a standard-range battery targeting 230 miles of EPA-estimated range and an extended-range battery targeting 300 miles of EPA-estimated range. —Kumar Galhotra, Ford president, Americas and International Markets Group, Ford Motor Company.

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Baua Electric

JANUARY 19, 2024

The company has always sought to provide most of what you can get from higher-priced electric bike models, yet at a much more affordable price. The 504 Wh battery isn’t particularly large, and I’d even say it’s a bit smaller than most batteries in the direct-to-consumer electric bike market right now. Don’t believe me?

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Baua Electric

JULY 7, 2024

Vehicles are becoming ‘edge devices’ of the IoT world, and the increasingly critical and differentiating role played by software is forcing OEMs to become software companies. Lidars have become smaller and more affordable, providing detailed 3D mapping and precise object detection. Edited excerpts.

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Baua Electric

JULY 9, 2024

Ford will receive drastically less public support for its new EV battery plant in Michigan. Ford announced it was “resizing” some EV investments last November, including its new EV battery plant (BlueOval Battery Park) in Michigan. The batteries will be used to power Ford’s next-gen EVs. Ford will now receive $409.1

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Teslarati

MAY 20, 2022

In a letter to Mayor Steve Adler, the groups called on the city to withhold permits for the electric vehicle maker, including Giga Texas’ dedicated battery cathode facility. In their letter, the groups claimed that the manufacturing process of batteries in the Giga Texas complex would require a substantial amount of water and chemicals.

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Baua Electric

MARCH 28, 2024

General Motors (GM) is reportedly in talks with battery giant CATL to license its cheaper LFP battery tech. The plans could include a new joint North American plant to produce the new batteries. GM is ramping up production of its Ultium-based models after it “turned the corner” at its battery factory in Detroit.

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Teslarati

OCTOBER 24, 2023

LG Energy Solution (LGES) recently announced that its battery facility in Arizona will become a key production hub for 46-series cylindrical cells in North America. However, the Korean battery supplier has decided to pivot its plans in Arizona and will instead produce 46-series cells and expand its annual production capacity to 36 GWh.

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Teslarati

APRIL 11, 2023

Tesla dropped the price of its Powerwall in Australia–for the second time this year– making it more affordable than ever. An email to Tesla Powerwall installers in Australia revealed that the company reduced the price of its home battery storage option by $1,699. In Australia, Tesla Powerall has a 13.5

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Baua Electric

SEPTEMBER 5, 2024

Hyundai’s electric vehicles are becoming more affordable in Korea. The cheaper Hyundai EVs use the same battery as the standard models and start at around $22,500 with incentives. Despite the lower cost, Hyundai said the cheaper EVs will be powered by the same battery as its standard models. million won), respectively.

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Teslarati

NOVEMBER 9, 2023

Many automakers are attempting to offer EVs that are widely affordable and will not break the bank for those who are interested. a more affordable EV option for consumers will perhaps help to surge sales and demand. For 2023, only 50 percent of the vehicle’s battery must be assembled or manufactured within North America.

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Teslarati

JANUARY 19, 2022

The update enables Tesla to offer its flagship residential solar product at a price point that’s more affordable than before. kW Solar Roof with one Powerwall battery , which costs $61,400 before the federal tax credit. After incentives are applied, Tesla estimates that the system would cost $45,100 if paid in cash.

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Baua Electric

SEPTEMBER 4, 2024

Kia just set another US sales record in August, with more cars sold than in any month in company history. Kia’s dealer sales were higher than any month in company history,” Kia America’s vice president of sales, Eric Watson, announced Wednesday. kWh), more efficient battery, will push that number even higher.

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Baua Electric

JULY 25, 2024

While several variants of the Air are considered out of the budget for many American consumers, Lucid has a long term plan in place to deliver additional options that are more affordable but still up to its high performance standards. The company expects to generate revenue by 2027. The company expects to generate revenue by 2027.

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Baua Electric

MAY 20, 2024

The company aims to build 200,000 to 300,000 EVs this year, about 20 times more than GM did in 2024. In a new interview with The Detroit News , Barra confirmed the (battery cell) issues are “behind us now.” 2024 Chevy Equinox EV 3RS (Source: GM) Meanwhile, GM already has an affordable EV rolling out.

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The Truth About Cars

JANUARY 23, 2024

This growth includes both battery-electric vehicles and plug-in hybrids, with the former expected to account for 70 percent of these sales. This stability results from reduced subsidies and the influence of favorable company-car taxation schemes. million units. Uncertainty in the United States The U.S. million EV sales.

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Setec Powerr

NOVEMBER 24, 2023

However, this shift introduces a new challenge: the recycling of EV batteries. These batteries, essential to the operation of EVs, eventually reach the end of their life cycle. This duration is influenced by several factors: Battery Type: Different battery chemistries have varying lifespans.

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EV Adoption

JUNE 21, 2022

Nine of these EVs have a base MSRP of less than $35,000 and another nine would have a net effective price below $30,000 when factoring in the applicable federal EV tax credit. And buyers in some states may qualify for further incentives including rebates or no sales tax, along with some utilities also providing rebates. Absolutely.

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Baua Electric

MARCH 20, 2024

Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. Legacy vehicles are subject to heavy taxes, but there are few affordable electric models. The lack of affordable EVs is an issue everywhere in Europe, and in the US. In the month of February, plug-in vehicles took 92.1% year-on-year.

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Teslarati

FEBRUARY 28, 2024

The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers. Hyundai shared that its focus on affordable and compact electric vehicles helped its EV sales in the United States. Hyundai Motor Group is investing $7.59 billion in HMGMA.

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