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Chinese-made Lotus Eletre electric SUV set for US at $229,900

Baua Electric

But the Chinese-made electric SUV is seeing a major price hike due to new U.S. The announced price is effectively double what was originally announced —an indication Lotus is willing to swallow little if any of the additional 100% tariff on Chinese-made EVs in the interest of brand-building or building out U.S.

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NIO Onvo L60 launches in China with starting price at $21,000

Electric Cars Report

Chinese EV maker Nio, known for its premium electric vehicles, has launched a new sub-brand called Onvo and its first model, the L60.

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BYD on incoming Chinese rivals: ‘We welcome the competition … technology will keep us on top’

EV Central

BYD’s Australian importer has declared itself ready and able to withstand the pressure of more than a dozen new Chinese brands arriving in Australia keen to emulate its sales and steal its market share. Since then the Chinese brand has added the Dolphin mini-car , Seal sedan and Sealion plug-in hybrid medium SUV.

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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, including Lexus, sold 853,082 vehicles last month, down 5.1% After recalling the Prius earlier this year, Toyota sold slightly fewer (-1.6%) vehicles in North America.

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Double trouble: Hyundai to target Chinese AND European EVs with sub-$40,000 Inster and $100,000 Ioniq 9

EV Central

The Korean giant’s local boss has confirmed the fight is on to secure sub-$40,000 pricing for the Inster, which launched globally earlier this month. We haven’t even started having the pricing conversation around the specs.” Currently, the GWM Ora is the cheapest EV sold in Australia priced from $35,990 driveaway.

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Affordable EV incoming! Jeep locks in affordable electric SUV that will shock you with its price

EV Central

Stellantis boss Carlos Tavares has pledged that Jeep’s affordable all-electric SUV will be priced from less than US$25,000 ($A37,500) in the USA – almost US$19,000 less than the cheapest Tesla Model Y. Some suggestions are that it might even sit at the lower end of the mid-size SUV category, making it almost Cherokee-sized.

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Get smart: New Smart #1 and #3 SUVs to beat BMW iX1 and Volvo EX30 on price

EV Central

When Smart returns to Australia this September, the brand’s Smart #1 and Smart #3 vehicles will be priced below both the BMW iX1 and Volvo EX30 with which it has much in common. ” The post Get smart: New Smart #1 and #3 SUVs to beat BMW iX1 and Volvo EX30 on price appeared first on EV Central.

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