Author: admin
Hyundai IONIQ 5 (Source: Hyundai) South Korea’s government looks to give domestic automakers Hyundai and Kia a break with its new EV policy. The new EV subsidy policy is in response to price cuts on Tesla’s Model Y and BYD’s models, which use lower-cost LFP batteries. Targeting Tesla, BYD, and cheaper EV batteries The revised EV policy is Korea’s attempt to give domestic automakers an edge as they look to level the playing field. “Tesla dropping prices last year, coupled with the rise of BYD, kicked off a price war in the global EV market,” Yang Jin-Soo, who leads Hyundai’s…
Earlier this month, Rivian announced that its highly anticipated R2 model, potentially a mid-size SUV or crossover, was set to be unveiled on March 7, 2024. Leading up to the unveiling event next month at the Laguna Beach showroom in Orange County, California, Rivian is stoking enthusiasts’ curiosity with the release of the R2’s first official teaser. There are no big surprises here. Much of the teaser showcases people expressing joy in various forms, and at the end of it, there’s a Rivian parked in a dark and shadowy garage. Then the front LED light bar of the baby Rivian…
Sony and Honda may be working together on a Civic-sized EV. Lancia rolls out the start of an EV revival. Rivian shines some light on the R2. And Lucid cuts prices. This and more, here at Green Car Reports. Thursday, Lucid cut prices on the 2024 Air lineup. Affecting all but the top-performance, tri-motor Sapphire version, the very long-range, fast-charging electric sedan costs up to $8,000 less than it did yesterday. And the Lucid Air now undercuts the Tesla Model S—if you don’t require all-wheel drive. Stellantis, the parent of Jeep, Dodge, Chrysler, Fiat, and more, is pushing ahead to…
The Rivian R2 lineup is due to debut March 7. The California-based electric truck maker has revealed very little about the R2 as of yet, other than that it will be smaller and lower-priced than the existing R1 lineup—and, from an early tease above, that it will keep the original R1 lineup’s distinctive front lightbar and vertical-oval headlamps, which had been a polarizing look albeit a fan favorite. While the R1T pickup and R1S SUV are full-size trucks—or within a few inches of full-size, by any American assessment—the R2 lineup is expected to cover a middle ground that would also…
Sony Honda Mobility is planning an electric SUV and affordable compact car in addition to its previously shown sedan, according to a new Nikkei Asia report. The SUV will launch in 2027, followed by the compact car in 2028, the report said. Sony and Honda announced in 2022 that the sedan will be unveiled in 2025 under the Afeela brand name, with pre-orders starting then. U.S. deliveries are scheduled to start in 2026, and Nikkei Asia now reports a targeted base price equivalent to $66,400. The SUV and compact will also reportedly be sold in the U.S., with all three…
With its second all-electric model hitting the market this year, Lucid Motors wants to ensure consumers don’t forget about its flagship sedan – the Air. Having just launched its 2024 Air models a couple of months ago, slashing prices, Lucid has lowered its MSRPs once again, incentivizing potential customers with additional charging and maintenance bonuses as well. Lucid Motors ($LCID) looks to bounce back in 2024 following a Q4 2023 report that detailed a drop in YOY deliveries. The Air sedan has fared decently, but Lucid was still left sitting with a surplus of EV inventory, provoking demand levers like…
As of Thursday morning, the starting price of the 2024 Lucid Air Pure is just $71,400, reflecting a price cut of $7,500 and significantly undercutting the most affordable current version of the Tesla Model S for those who don’t require all-wheel drive. Meanwhile, mid-range Lucid Air Touring models have been cut $8,000, to $79,400, and high-end 2024 Air Grand Touring versions, at $111,400, now start $1,000 lower than their posted cost prior to the price drop. The entry price for those seeking all-wheel drive is lower, too, in what amounts to a better-equipped car. While the 2023 Lucid Air Pure…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Perovskite solar cells have captured the attention of researchers around the globe with the allure of next-level improvements in cost, weight, flexibility, and range of applications compared to conventional silicon solar cells. The technology still has some road to travel before it hits the mass market an that could include a shortcut through outer space, if all goes according to plan. Exciting News About Perovskite Solar Cells CleanTechnica has been spilling lots (and lots) of ink on the potential for perovskite technology to push…
Stellantis on Wednesday unveiled the redesigned Lancia Ypsilon hatchback—the historic Italian brand’s first EV. This marks the beginning of a revival of Lancia, which has produced classics like the Aurelia, Fulvia, Stratos, and Delta Integrale, but has been largely ignored by Stellantis and predecessor Fiat Chrysler Automobiles (FCA). The current internal-combustion Ypsilon is Lancia’s only model, and first went on sale in 2011. The new Ypsilon, which is due to start sales in Europe this May but unlikely to reach the U.S., will be sold as both an EV and a mild hybrid. But Lancia will only launch all-electric vehicles…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per million British thermal units (MMBtu), in our February Short-Term Energy Outlook (STEO). We forecast increases in natural gas prices as demand for natural gas grows faster than supply in 2024. Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2024. Data values: Energy prices In 2022 and 2023, increases in natural gas supply (domestic natural gas production and imports) exceeded…