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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. In February, sales of the electric SUV surged 64% year over year. billion last year.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Ford to assemble electric E-Transit van in Kansas City; building out $3.2B North American EV manufacturing capability

Green Car Congress

The new E-Transit will join the all-electric F-150 announced in September and the all-electric Mustang Mach-E, which begins arriving in dealers’ showrooms next month. With the stunning Mustang Mach-E SUV, an all-electric F-150 and the new E-Transit, our first wave of EVs in North America will introduce a whole new generation to EVs.

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BYD overcomes China’s intense EV price war as record car sales lead to Q2 profit surge

Baua Electric

Despite slashing prices and launching more affordable EVs, BYD’s bottom line nearly doubled from the first three months of 2023 (+98%). BYD Seal test drive in Mexico (Source: BYD) Low-cost EVs, overseas expansion fueling growth BYD’s auto (and related) sales accounted for 76% of revenue, generating RMB 228.3 billion) in Q4 2023.

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Canada to slap 100% tariff on Chinese EVs just as BYD preps for market debut

Baua Electric

BYD is already a leading EV brand in Mexico, but entering Canada could shake up the North American auto market. BYD Seal test drive in Mexico (Source: BYD) BYD Canada also met with government officials and inquired about opening retail locations with dealers. Ford canceled plans for its three-row electric SUV.

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Auto Lobby Wants Input on Government EV Policy Before Changes Are Made

The Truth About Cars

But they’re also trying to circumvent emissions regulations and noticed that building increasingly large SUVs and pickups (at the expense of everything else) allowed them to simultaneously do both. Unfortunately, this has left many with product lineups overloaded with models loads of households can no longer afford.

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Flash Drive: 2024 Chevrolet Equinox EV

Clean Fleet Report

All-New Compact Electric SUV The 2024 Chevrolet Equinox EV is hoping to be what many people have been waiting for—a 300+ mile all-electric range (AER) compact SUV that, with incentives, will be priced in the high $20,000 to low $30,000 range. Pricing and Availability The 2024 Chevrolet Equinox EV is arriving at dealers now.