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China and EV tax credit, EV affordability and battery materials, 2024 finalists: Today’s Car News

Green Car Reports

Fewer EVs with connections to China may soon be tax-credit-eligible. EVs still make up a tiny portion of the non-luxury market, yet a plunge in the raw materials needed for EV batteries could make them more affordable. And which of this year’s new EVs are the best? This and more, here at Green Car Reports.

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Tesla China promotes Model 3/Y’s affordability with new incentive program

Teslarati

Tesla China is starting the second quarter with new incentives for customers in the form of limited-time finance policies such as low downpayment offers and zero-interest loans. Tesla China leaned into its vehicles’ affordability in its post on Weibo. Don’t hesitate to contact us with news tips.

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Stellantis and China’s Leapmotor open orders for affordable EVs in Europe

Teslarati

Stellantis and its China-based partner Leapmotor announced that orders for their affordable electric vehicles (EVs) officially opened in Europe. Stellantis also has exclusive rights to build, export, and sell Leapmotor products outside China. The TO3 was initially supposed to be imported from China.

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This two-seater luxury electric catamaran from China is surprisingly affordable

Electrek

more… The post This two-seater luxury electric catamaran from China is surprisingly affordable appeared first on Electrek. It’s part of our weekly Awesome Weird Alibaba Electric Vehicle of the Week column, so I don’t recommend actually trying to buy one, but it’s still fun to look at!

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Tesla Model 3 sees longer wait times in China as domestic sales increase

Teslarati

It appears that consumers in China’s domestic auto market are starting to favor the reengineered Tesla Model 3. This was hinted at in the estimated sales of the vehicle so far this Q3 2024, as well as the increasing wait times for the all-electric sedan on Tesla China’s official website.

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Ford CEO Farley Again Promises Profitable, Affordable EVs for the Masses

The Truth About Cars

Speaking with Yahoo Finance , Farley said his company aims to develop affordable EVs that compete with the rising tide of Chinese models. Saying that China’s investments in EVs have “paid off so far,” Farley noted that Ford is on track for its next-generation electric models to be profitable and affordable.

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Tesla price hike, GM electric pickups, $9,000 EV for China, Midwest charging: Today’s Car News

Green Car Reports

Geely is introducing a sub-$10,000 electric crossover in China. And GM gives another glimpse of its more affordable electric pickups, and introduces Ultra Cruise to rival Tesla Autopilot. Tesla raised prices sharply on Model 3 and Model Y. Governors in the U.S. Midwest agree on the need for more EV charging.

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