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Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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Volvo Cars introduces EX30 small electric SUV

Green Car Congress

Volvo Cars revealed its first premium small SUV, the all-electric EX30, in an event in Milan, Italy. The Volvo EX30 is available for order across Europe and other selected markets. In the United States, customers can place pre-orders, while orderbooks will open in other markets at a later stage that will be communicated in due course.

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CMU/Yale study suggests BEVS could be majority or near-majority of cars and SUVs by 2030 given technology trends

Green Car Congress

A study by a team from Carnegie Mellon University and Yale University suggests that BEVs could constitute the majority or near-majority of cars and SUVs by 2030, given widespread BEV availability and technology trends. The availability of EV models on the market has improved significantly, and the price-premium has dropped over time.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Total EV market share has now reached 8.5%, nearly double the share of a year ago.

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2025 BYD Atto 3 Premium review: Price drop makes Tesla-fighting electric SUV even more appealing

EV Central

The BYD Atto 3 came in for an upgrade in 2024 and has recently had its price sharpened as part of a strategy to boost sales and better take the EV fight to Tesla. As well as the addition of a new price-focused Essential model, the regular Atto 3 is better value than ever courtesy of improved spec and a lower price.

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Kelley Blue Book: average new-vehicle prices in US up 5.4% in May y-o-y; average EV price down 10.8%

Green Car Congress

The estimated average transaction price for a light vehicle in the United States was $41,263 in May 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $2,125 (up 5.4%) from May 2020, while increasing $493 (up 1.2%) from April 2021. On a month-to-month basis, the average EV price in May 2021 rose 1.9%

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Tesla details plan for increased Model Y pricing stability in Australia

Teslarati

A Tesla executive managing the Australian and surrounding markets has detailed the company’s plans to move away from rapid pricing changes with the arrival of the new Model Y, especially as electric vehicle (EV) competition from other Chinese automakers arrives in Australia and surrounding markets.

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