Remove Affordable Remove Europe Remove Gas-Electric Remove Low Cost
article thumbnail

Hyundai is launching two new electric cars in Europe, a low-cost EV and new IONIQ model

Baua Electric

Hyundai is launching two new electric vehicles in Europe, including a low-cost EV and a new IONIQ model, to boost its market share in the region. Hyundai does not see its EV growth slowing in Europe over the next few years. Some parts of Europe, like Germany, ended subsidies on electric cars.

article thumbnail

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

Baua Electric

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. Strong demand in the US, Europe, and India fueled the growth. Much of the growth is thanks to rising demand for Hyundai’s electric models. trillion) in profits last year.

Kia 52
article thumbnail

Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Meanwhile, smaller electric cars are different.

article thumbnail

Lincoln puts EVs on the back burner amid Ford’s shift to more affordable EV models

Baua Electric

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

article thumbnail

Jeep is launching a $25,000 EV in the US ‘very soon’ to revamp the rugged SUV brand

Baua Electric

Another low-cost electric vehicle is headed to the US. A $25,000 Jeep EV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week. Meanwhile, the rugged SUV brand is already planning a more affordable EV model. A Wrangler-inspired electric Recon model will follow. “If

Jeep 52
article thumbnail

LADWP joins HyDeal LA, targets green hydrogen at $1.50/kg by 2030

Green Car Congress

When used as an alternative to fossil fuels, green hydrogen can enable deep decarbonization of hard-to-abate sectors, enable the repurposing of valuable existing infrastructure and support an affordable, responsible energy transition. Green hydrogen is the key to reliably achieving 100% renewable energy. kg before 2030.

Hydrogen 321
article thumbnail

Ford hints at an Escape-sized electric SUV with the interior space of an Explorer

Baua Electric

Is Ford finally going to launch an electric Explorer in the US? Ford’s CEO John Lawler said at the BofA Auto Summit Tuesday an Escape-sized electric SUV can offer the same interior space as its best-selling Explorer on its new EV platform. Instead, smaller, more affordable EVs will win in the long run.

Escape 52