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Kia officially opens its first EV-only plant to build low-cost EV3, EV4 electric vehicles

Electrek

Kia held an opening ceremony for its first EV-only plant, “EVO,” as it looks to establish itself as a leading electric vehicle maker. Kia’s new low-cost EV3 and EV4 models are the first electric cars scheduled for mass production. The new facility will kick off a new era for Kia, with the capacity to build 150,000 EVs annually.

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Kia officially opens its first EV-only plant to build low-cost EV3, EV4 electric vehicles

Baua Electric

Kia held an opening ceremony for its first EV-only plant, “EVO,” as it looks to establish itself as a leading electric vehicle maker. Kia’s new low-cost EV3 and EV4 models are the first electric cars scheduled for mass production. The new facility will kick off a new era for Kia, with the capacity to build 150,000 EVs annually.

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Emerson and BayoTech partner to scale production and distribution of low-cost, modular SMRs for hydrogen production

Green Car Congress

Emerson will deliver advanced automation technologies, software and products to enable BayoTech to build hundreds of hydrogen units. BayoTech’s modular SMRs produce up to 1,000 kilograms per day, enough to fill as many as 200 hydrogen fuel cell vehicles.

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Kia to build $30,000 EV3 in Mexico, unlocking US EV tax credit

Electrek

A new low-cost EV is primed to hit the US market. Kia plans to build its new EV3 in Mexico as it looks to take advantage of the US electric vehicle tax credit.

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Volvo has no plans to challenge low-cost EVs in China as a price war intensifies

Baua Electric

Volvo has no plans to challenge low-cost EVs in China as the ongoing price war intensifies. The EX30, Volvo’s cheapest EV, starts at around $28,000 (200,800 yuan), but that’s as low as the company will go. That includes all-electric vehicles (EVs) and plug-in hybrids (PHEVs). In the US, Volvo’s EX30 will start at $34,950.

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Honda Cancels Plan To Build Low-Cost EVs Using GM Ultium Technology

CleanTechnica EVs

The partnership between Honda and GM to build affordable electric cars has been cancelled for reasons that are not entirely clear.

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Greening India’s Homes & Vehicles with Low-Cost Finance

EV Obssesion

Greater Credit from Financial Institutions Can Improve Affordability, Awareness, and Adoption By RMI India Pursuing low-carbon development is central to India’s Paris Agreement climate goals. In this pursuit, net-zero energy buildings (NZEBs) and electric vehicles (EVs) are the two high-leverage areas.