Prices for lithium-ion battery packs fell 20% in 2024, the largest drop since 2017, according to a study from the International Energy Agency (IEA). Cheaper batteries mean cheaper EVs, and electric cars and trucks remain the main driver of battery demand. China’s price advantage is widening over the rest of the world. The war for a … Continue reading “EV Batteries Got 20% Cheaper Last Year”
![Dodge Charger EV is even cheaper to finance than the gas model with 0% APR [Update]](https://ev-magazine.com/wp-content/uploads/2024/11/1732668187_Dodge-Charger-EV-is-even-cheaper-to-finance-than-the.jpeg)
Written by Electric Vehicles Magazine
The world’s first electric muscle car is finally here, and Dodge is already sweetening the deal for buyers. The Dodge Charger Daytona EV is launching with 0% APR, making it even cheaper to finance than the outgoing gas-powered model. Lease prices for the electric Charger start as low as $549 per month, but the Hellcat-like … Continue reading “Dodge Charger EV is even cheaper to finance than the gas model with 0% APR [Update]”
Written by Electric Vehicles Magazine
Volkswagen plans to launch eight affordable electric vehicles by 2027, brand boss Thomas Schaefer said in a recent interview with German publication Auto Motor und Sport (via Reuters). “We have to produce our vehicles profitably and put them on the road at affordable prices,” Schaefer said in the interview. One of those affordable models will … Continue reading “VW reportedly plans 8 cheaper electric models by 2027”
Written by Electric Vehicles Magazine
Tesla’s stock fell by 8% in pre-market trading on Wednesday after the company reported its lowest profit margins in five years. This has highlighted the need for Tesla to introduce more affordable electric vehicles (EVs) to boost sales instead of relying on price cuts. Falling Profit Margins and Market Reaction Tesla’s efforts to increase sales … Continue reading “Tesla Stock Drops as Profit Margins Fall, Emphasizing Need for Cheaper EVs”