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Lucid Prices the Upcoming 2025 Gravity SUV

The Truth About Cars

Lucid makes some truly compelling electric vehicles, but affordability and variety have never been its strong suit. At least one of those issues will be resolved with the upcoming Gravity SUV, which will expand Lucid’s product offerings to two vehicles. Images: Lucid] Become a TTAC insider.

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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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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. May 2021 Avg Price*. April 2021 Avg Price*.

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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. 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 battery—arranged in the vehicle floor in front of the rear axle—is exclusively charged by AC.

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Audi introduces longer range and AWD quattro versions of Q4 e-tron compact electric SUV

Green Car Congress

In April, Audi launched the Q4 e-tron and Q4 Sportback e-tron ( earlier post )—the first compact electric SUVs from the brand. The two versions are available to order now, with the Q4 Sportback 40 e-tron starting at a base price including VAT of €49,500 (US$58,760) and the Q4 45 e-tron quattro listed at €50,900 (US$60,423).

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