Remove Affordable Remove Cost Of Remove Industrial Remove SUV
article thumbnail

Will it be a Hossan or Ninda? Honda dumps GM, plans new family of affordable electric cars with Nissan

EV Central

Radical Renault 5 electric hatch warming for Australia as Tesla rival after Geneva It’s not known if the ultimate aim of the new deal is to also help Honda roll out a new family of affordable electric cars, but originally the brand declared that from now until 2030 it will launch 30 new EVs.

Honda 98
article thumbnail

Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. The all-electric SUV will come standard with a range target of approximately 250 to 300 miles, depending on driving conditions, enabled by an approx.

Fisker 269
article thumbnail

Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. For instance, a car with a residual value (RV) of 40% would have lost 60% of its worth in three years or 36,000 miles (Industry standard).

Cost Of 75
article thumbnail

‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava | Autocar Professional

Baua Electric

The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. What can he afford? Hybrids could also work if brought in at a reasonable cost.

Future 52
article thumbnail

Ford exec says most drivers don’t realize the major perks of EVs like charging at home

Baua Electric

That’s the conundrum for us as an industry,” Gjaja said in Michigan on Tuesday. According to Gjaja, automakers must address the “economic challenges” as the industry shifts to electric vehicles. Ford also scrapped plans to launch its three-row electric SUV and is focusing on smaller, more profitable models. billion in 2024.

Ford 52
article thumbnail

Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. The Aurora, Ontario-based company also recorded asset impairments and restructuring costs of USD 316 million related to troubled EV startup Fisker.

article thumbnail

Skoda Auto India launches Kushaq Onyx with AT at INR 13.49 Lakh – ET Auto

Baua Electric

The Onyx AT, like the Onyx before it, slots between the current Active and Ambition variants of Skoda’s best-selling SUV. In fact, our value proposition makes this Kushaq the most affordable automatic in its entire segment. The SUV scored 29.64 per kilometer. The vehicle will make its debut in 2025.

India 52