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Forth and Mobility Development partner to launch national EV carsharing program; affordable model for underserved communities

Green Car Congress

Forth and Mobility Development Group are creating a national partnership to launch the Affordable Mobility Platform (AMP), which will establish electric vehicle (EV) carsharing based at affordable housing sites in at least five states over the next two years.

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Are Electric Cars Really Cheaper To Own And Drive Than Gas Cars?

CleanTechnica EVs

Electric vehicles have grown more affordable throughout 2023, and many have found them even cheaper than driving gas cars over their lifespan. From reduced lifetime maintenance costs and savings on charging, can EVs really be cheaper than owning and driving gas cars?

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

Baua Electric

Mitsubishi Corporation is a wide-ranging conglomerate that does include oil and gas businesses, and it owns 20% of Mitsubishi Motors, but Nissan actually owns more of Mitsubishi Motors. Finally, the new company will focus in on smart charging. The post Honda asks: Could leased batteries lead to more affordable EVs?

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BMW 1 series is going electric as an affordable EV for younger buyers

Baua Electric

BMW’s compact class is going electric. The BMW 1 Series will be transformed into an affordable electric car as the brand looks to attract younger buyers. BMW plans to sell the more electric 1 and 2 Series models alongside the gas-powered models, according to sources close to the matter.

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Hyundai teases its new INSTER EV for the first time, the latest affordable electric car

Baua Electric

The all-electric city car is expected to be the latest affordable EV to hit the market, but will it make it to the US? Hyundai’s EVs, like the IONIQ 5 and IONIQ 6, offer over 300 miles range, fast charging capabilities in under 20 mins, and a sleek new design. Volkswagen also just finished design work on its affordable ID.

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

Baua Electric

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. Much of the growth is thanks to rising demand for Hyundai’s electric models. For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month.

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Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

California’s current strategy of recovering a myriad of fixed costs in electricity usage rates must change as the state uses more renewable electricity to power buildings and vehicles, according to the findings from a new report from the Energy Institute at the UC Berkeley Haas School of Business and non-profit think tank Next 10.