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Report: Kia EV3 may be made in Mexico to hit $30,000 price

Green Car Reports

The Kia EV3 electric SUV could be assembled in Mexico for the U.S. market, a move that could allow it to be eligible for a federal tax credit and hit a $30,000 price point, reports Korean Car Blog (via Electrek).

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GM Cadillac OPTIQ EV to be built in Mexico

Teslarati

General Motors (GM) recently confirmed that the Cadillac OPTIQ electric vehicle (EV) will be built in Mexico. It will be built at General Motors’ Ramos Arizpe plant in Mexico. The plant is reportedly GM’s most advanced factory in Mexico, having been upgraded to produce the automaker’s next-generation electric vehicles.

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BYD overcomes China’s intense EV price war as record car sales lead to Q2 profit surge

Baua Electric

Despite aggressive discounts on its electric cars in China, BYD’s bottom line nearly doubled in the second quarter compared to Q1 2024. Despite slashing prices and launching more affordable EVs, BYD’s bottom line nearly doubled from the first three months of 2023 (+98%). billion, or about $1.27 billion) in Q4 2023. billion ($1.46

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Cadillac Drops Pricing for the 2025 Optiq EV

The Truth About Cars

The Optiq will be here soon, and the automaker recently released pricing for the new model. The SUV comes standard with a 85 kWh battery pack and output of 300 horsepower and 354 pounds of torque. The Optiq will qualify for a $7,500 federal tax credit, as it will be built at a General Motors facility in Mexico.

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Jeep CEO Wants Upcoming Wagoneer S EV To Have "Perfect Quality"

The Truth About Cars

Company CEO Antonio Filosa recently outlined his vision for the SUV, saying that he wants “perfect quality” and acknowledging that the vehicle’s development hasn’t yet reached that point. “I The SUV is expected to offer a strong list of specs, including more than 300 miles of range and a 0-60 mph time in the mid-three-second range.

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Nissan feels the heat from BYD’s EV price war in China

Baua Electric

Nissan is the latest victim of BYD’s “liberation battle” against gas-powered cars. After BYD’s aggressive price cuts this year, Nissan is shutting down a factory in China as it struggles to keep up. Nissan is closing the doors to its plant in Changzhou as the factory is building more cars than it can sell.

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Toyota sales slide as aggressive price cuts by BYD, Chinese EV makers take effect

Baua Electric

Toyota’s global sales fell over 5% last month, partly driven by the impact of BYD’s price cuts in key markets like China, Southeast Asia, and even Japan. Toyota blamed the fallout on the “challenging market environment” and “intensified price competition” in the region. BYD sold 145,179 all-electric cars, up 13% YOY.

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