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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Disruptive innovation is typically a Silicon Valley buzzword and not one commonly associated with discussions of gasoline markets. If a million low-speed electric vehicles displaced a million gasoline-powered midsize sedans from the market, about 15,000 barrels per day of gasoline demand could effectively be lost, Collins said.

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Chinese electric vehicles are transforming Australia’s car market. Are we getting a good deal?

The Driven EV News

As new, more affordable EVs continue to flood Australia’s car market, will consumers here be the winners? The post Chinese electric vehicles are transforming Australia’s car market. Are we getting a good deal? appeared first on The Driven.

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Another Chinese EV brand targets Australia market with low-cost electric hatchbacks

The Driven EV News

Another affordable EV maker to launch models in Australia in late 2024, thanks to the owner of Peugeot, Fiat, Jeep and more. The post Another Chinese EV brand targets Australia market with low-cost electric hatchbacks appeared first on The Driven.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

However, the study reveals there has been an increase in interest in the US and Chinese markets. If the winning formula is greater knowledge = greater consumer interest, electric vehicle manufacturers must focus their marketing on increasing familiarity with BEVs, Ipsos said. Source: Ipsos.

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Volkswagen unveils ID.6 EV in China; third ID. model on market

Green Car Congress

family developed specifically for a single market. The economies of scale that we have achieved allow us to offer the latest technology at an affordable price—and thus further expand our electric offensive. Volkswagen unveiled the third model in the ID. family, the ID.6, 6, at the Auto Shanghai. Like the compact ID.3

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Renault introducing new affordable urban EV in China first in 2019, new electrification options on three popular models in 2020

Green Car Congress

Renault will introduce a new, affordable urban electric vehicle in 2019, coming first to China, and new hybrid and plug-in hybrid options on three of its popular vehicles in 2020. China is the largest and fastest-growing market for electric vehicles and Renault K-ZE will therefore come first in China.

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

Electrek

With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. After a record 2023, Hyundai and Kia are not slowing down this year.

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