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VinFast launches its cheapest VF3 EV overseas to take on low-cost Chinese EV makers

Baua Electric

A new low-cost electric car is rolling out to global markets, and it’s not from China. The promo price was for the battery subscription model. For the battery included, VinFast’s VF 3 was available for 315 million VND, or around $12,390, for those who placed deposits between May 13 and May 15. With an 18.64

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Ford compares new low-cost EV platform to Rivian and Tesla, says rivals will turn to China

Baua Electric

Ford CEO Jim Farley compared its new low-cost EV platform to Rivian and Tesla. Farley revealed the Skunkworks team was developing a low-cost EV platform for its next-gen EVs in February on a media call with investors. Smaller, more affordable vehicles use fewer battery materials, reducing costs and improving margins.

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NIO’s (NIO) new low-cost electric SUV paves the way for a ‘brand revival’ analyst claims

Baua Electric

The new low-cost electric SUV is crucial as NIO takes aim at market leaders like Tesla and BYD. NIO’s new low-cost electric SUV shines in debut On Thursday, NIO launched the Onvo L60 , officially kicking off its new mass-market brand. platform, offering higher performance at a lower cost.

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Tesla in talks with new LFP cell supplier for low-cost battery deal: report

Teslarati

Tesla is reportedly in talks with Chinese battery maker EVE Energy Co for a potential supply deal for low-cost batteries. EVE’s batteries will reportedly be used to boost Gigafactory Shanghai’s supply chain, as per information related to Reuters by individuals familiar with the matter. .

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Geely introduces new low-cost Xingyuan EV to challenge BYD, offers ice cream for test drives

Baua Electric

With starting prices expected to be around $11,200 (80,000 yuan), the new Geely model will rival low-cost EVs like the BYD Dolphin. The new Geely model made its official debut on Tuesday in China. kWh CATL-made battery options, with up to 192 miles (310 km) or 255 miles (410 km) CLTC range, respectively. kWh or 40.16

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“Low cost, high performance”: Bhavish Aggarwal calls his EV battery ‘Bharat Cell’ a gamechanger for India – ET Auto

Baua Electric

India, which largely imports lithium cell batteries, does not make any as of now. Batteries make up a significant part of the cost of manufacturing a unit electric vehicle. And since one unit has five times the energy, the cost is lower. “It has less cobalt, so the cost is lower.

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Benchmark: battery demand for manganese set to increase 8-fold this decade

Green Car Congress

Demand for manganese in batteries is set to grow over eight-fold this decade, due to new battery chemistries and rising electric vehicle sales, according to Benchmark’s Manganese Sulphate Market Outlook. New battery chemistries are expected to use even more manganese. —Jess Roberts, Benchmark’s Head of Forecasting

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