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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. Starting price for the EX30 is around €36,000—meaning customers get a premium all-electric SUV for a similar price as an internal combustion engine-powered equivalent.

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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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Volkswagen of America starting 2023 ID.4 electric SUV at $37,495 with 62 kWh pack

Green Car Congress

Volkswagen of America is starting pricing for the 2023 ID.4 4 electric compact SUV at an MSRP of $37,495, with a new 62 kWh entry battery pack, upgraded exterior and interior design, new aluminum-alloy wheels, updated improved center console, and more features. Now assembled in Chattanooga, Tenn., Now assembled in Chattanooga, Tenn.,

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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%

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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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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

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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. Additionally, both manufacturers recently announced significant price cuts on both models.

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Pre-sales begin for Volkswagen Tiguan PHEV SUV in Europe

Green Car Congress

Volkswagen’s plug-in hybrid version of its Tiguan SUV—the Tiguan eHybrid. earlier post )—is now available to configure and order in Europe; the starting price in Germany is €42,413.11 (US$51,500). The Tiguan eHybrid has an all-electric range (WLTP) of up to 50 km (31 miles).

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