The success of affordable electric vehicles in China puts into perspective what might have happened had Tesla not scrapped its $25,000 EV.
What’s clear is how dramatically affordability can accelerate adoption. BYD proved that point in China with the Seagull, establishing itself as a serious mass-market EV player in the process.
Now the Geely Xingyuan, a small and affordable hatchback with cutting-edge software, is outselling both the Seagull and the Tesla Model Y in China, reminding us again that competitive pricing and strong fundamentals can reap great rewards.
Here’s what else is happening:
As Toyota steps up a program in Texas to test vehicle-to-grid (V2G) charging, it says EVs have huge potential as virtual power plants.
A group of engineers hacked together the ultra-long-range EV pickup everybody wants.
Automakers are turning to gas engines to erase range anxiety in EVs. But next-gen batteries with 400+ miles of range present a challenge.
—Suvrat Kothari, Staff Writer
Meet The Affordable EV Beating Tesla And BYD At Their Own Game
Geely’s latest EV is now outselling even the Tesla Model Y and the BYD Seagull.
Toyota Says EVs Could Rival Nuclear Energy As A Power Source
As it steps up a program in Texas to test vehicle-to-grid (V2G) charging, Toyota says EVs have huge potential as virtual power plants.
How This Rivian R1T Went Over 500 Miles At Highway Speeds
A group of engineers hacked together the ultra-long-range EV pickup everybody wants.
Everybody's Betting On Extended-Range EVs. This Could Make Them Obsolete Instead
Automakers are turning to gas engines to erase range anxiety in EVs. But next-gen batteries with 400+ miles of range present a challenge.