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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. Earlier today, Reuters reported that the automaker had ditched its efforts to develop the car and would look instead at developing autonomous taxis on the platform that would have underpinned it.

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Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Tesla Commits To IAA Mobility Show In Munich

The Truth About Cars

We’ve been hearing for years that auto shows are a thing of the past and that the internet has killed the personal touches we all loved about the industry. But while it might be true that auto shows aren’t the extravaganzas they once were, it can also be true that there’s still life in the industry and a reason to attend.&

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Are Ford Mustang Mach-E Production & Deliveries Tracking at Tesla Model 3 & Y Levels?

CleanTechnica EVs

by Denis Gurskiy The Ford Mustang Mach-E is arguably the most important car for Ford since the Model T. With the rise of electric cars, the auto industry is facing its first global transition since the time of the horse and carriage.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. Foreign Minister Annalena Baerbock highlighted the urgency of the situation at the Münich Car Show last week.

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China auto price war: BMW dealers offer discounts of up to $14,360 for i3

CN EV Post

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Are Traditional Automakers Still Investing In Gas & Diesel Engines?

CleanTechnica EVs

Right now, Tesla is at the vanguard of an all-electric future. On Wall Street, the company’s market value has outpaced its auto industry counterparts who specialize in internal combustion engine (ICE) technology. To that end, are Tesla’s competitors still investing in ICE development anymore?

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