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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Volvo EX30 tops Mini in Europe as low-cost EV’s sales surge in May

Baua Electric

Volvo EX30 (Source: Volvo) Starting at around 36,000 euros ($38,500), Volvo’s EX30 is one of the most affordable EVs on the market. It’s available in two powertrains, a single-motor extended range, and a twin-motor performance, offering up to 275 miles of range. Most automakers are planning or have already launched low-cost EVs.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. 305 $51,265 SE Dual Motor AWD 77.4 361 $43,656 SEL RWD 77.4

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

Baua Electric

A new low-cost Hyundai EV will be revealed later this month. 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 Motor, including Kia, accounted for 11.2% Perhaps, most importantly, they are some of the most affordable and fuel-efficient available.

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Kandi America launches three new low-cost electric go-karts for off-roading

Baua Electric

Kandi America , best known for its range of electric golf carts and eUTVs, has just unveiled three new electric go-karts designed for off-roading fun. The few electric off-road karts that exist are either designed for children, have specs so pitiful that they ruin the fun, or cost as much as a car. kWh) battery. The larger 3.78

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New Ricardo 48V electric motor aims to boost power and cut costs of hybrids; up to 50% increase in power density; ECOCHAMPS

Green Car Congress

As part of its contribution to a recently completed major European research initiative to achieve more efficient and cost-effective hybrid powertrains for both passenger cars and commercial vehicles, Ricardo developed a new 48V e-motor offering up to a 50% increase in power density compared with current production machines.

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Lectric ONE shockingly unveiled as low-cost premium e-bike with auto-shifting gearbox

Baua Electric

Positioned as a premium commuter e-bike in the budget space, the new model marks equally new territory for the low-cost e-bike company turned premium space competitor. Lectric Ebikes’ entire MO has been to find highly-demanded niches in the US e-bike market and then roll out new models at a fraction of the cost of competitors.