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Is Buying An Electric Vehicle Becoming More Affordable?

CleanTechnica EVs

Even as electric vehicles grow more popular, many consumers are still holding out for the sticker price to be right. However, with a handful of automakers following Tesla’s price cuts throughout this year as well as federal and state incentives, some note that EVs are quickly approaching general affordability in the U.S.

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XPeng buying Didi’s Smart electric car unit to launch new affordable EV brand in 2024

Electrek

Chinese EV maker XPeng (XPEV) announced Monday it plans to buy out Didi Global’s Smart electric car division. XPeng revealed the partners will launch a new mass-market EV brand next year with a starting price of around 150,000 RMB (roughly $20,500).

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Volkswagen’s new EV focus combines customer needs with affordability

Teslarati

In 2027, Volkswagen Group said it would launch a lineup of entry-level and affordably priced electric vehicles under the Brand Group Core. ” Yesterday, we reported on one of Stellantis’s ideas for increasing EV adoption: creating an affordable EV under the Jeep brand , which has a loyal following.

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Used EVs Coming Down In Price

CleanTechnica EVs

The used car market plays a crucial role in providing affordable vehicles for people, especially those who can’t afford ever-rising new car prices. While buying a new car can be a dream for many, it is often unaffordable due to the high price tag and the insane dealer markups we often see these days.

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Tesla is getting price target upgrades from analysts after key earnings

Teslarati

Tesla ( NASDAQ: TSLA ) is getting some well-deserved price target upgrades from Wall Street analysts after it reported what will likely be looked at as its key earnings call for 2024. Tesla stock spikes over 20% on strong margins and 2025 guidance With the strong earnings, Tesla is getting several price target upgrades from analysts.

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Lectric XPremium review: The most affordable, quality mid-drive electric bike that money can buy

Electrek

With a powerful mid-drive motor, dual batteries, and other impressive features, it’s going to be hard for any other e-bike to compete in this space and at this price point for a long time. The post Lectric XPremium review: The most affordable, quality mid-drive electric bike that money can buy appeared first on Electrek.

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2025 Kia EV5 road test – why it’s a better buy than a Tesla Model Y

EV Central

Do you remember when buying a Tesla made you seem cool and futuristic, the envy of friends, neighbours and strangers? Sure, you could still achieve that feeling today, but you’d have to move to America and buy a Cybetruck to do so, and there are two huge problems in that sentence right there.

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