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Backed By Amazon Money, the Era of the Affordable EV Has Arrived

Backed By Amazon Money, the Era of the Affordable EV Has Arrived

Millions of American motorists have been priced out of the new vehicle market, all the more so when it comes to EVs which currently average about $55,000 apiece. But Slate Auto, a new start-up backed by Amazon founder Jeff Bezos, is determined to change that equation. On Thursday, it gave the world a first look at a flexible new, all-electric pickup set to go on sale in 2026. Designed to be extremely customizable, it’s expected to start under $20,000 when you factor in federal EV tax credits. Headlight.News was there for the big debut.

Tesla’s Entry EV Now Slated to Launch Production in June

Tesla’s Entry EV Now Slated to Launch Production in June

Better late than never? Tesla has spent years debating whether to add a more affordable EV to its existing line-up. It’s finally moving forward and, despite yet another delay, will finally add the vehicle to its line-up in June. Details have yet to be released but it’s expected to be a stripped-down version of Model Y starting at less than $30,000 — with a low-priced take on the Model 3 likely to follow. But will this draw in entirely new buyers or cannibalize sales of Tesla’s existing line-up? More from Headlight.News.

Motorists Becoming More Comfortable With EVs – Though Growth Has Slowed

Motorists Becoming More Comfortable With EVs – Though Growth Has Slowed

Motorists around the world are becoming increasingly comfortable with purchasing and owning EVs, according to a new study, though Americans lag well behind their counterparts in Europe and, in particular, China. Credit the longer range, faster charging and lower costs of newer EV models, consumers told McKinsey & Co. Headlight.News has more.

Tesla’s Affordable EV Once Again Delayed

Tesla’s Affordable EV Once Again Delayed

Tesla has long promised to deliver an “affordable” battery-electric vehicle, but the project has yet again been delayed, according to a new report. With competition coming in the under-$30,000 segment, the delay could add to Tesla’s woes as sales continue to sag, driving down both Tesla’s earnings and stock price. Headlight.News has more.

Bezos-Backed Slate Set to Enter EV Market with $25,000 Pickup

Bezos-Backed Slate Set to Enter EV Market with $25,000 Pickup

Amazon founder Jeff Bezos is getting ready to punch his way into the auto industry, with what several sources tell Headlight.News will be a new all-electric pickup set to start as low as $25,000. Expected to be called Slate Auto, the start-up will use Amazon’s online power to market the new vehicle. More from Headlight.News.

At Just $15,000, This is the Affordable Toyota EV You Can’t Have

At Just $15,000, This is the Affordable Toyota EV You Can’t Have

The new Toyota bZ3X is, at less than $20,000, the sort of affordable EV American motorists are craving. The problem is you can’t have it. Not unless you’re thinking about moving to China. But it’s certainly connecting with motorists in the People’s Republic. And it might offer some insight into the sort of product Toyota just might eventually be able to come up with for the U.S.

Here’s More on the VW Concept Hinting at a New, “Affordable” EV

Here’s More on the VW Concept Hinting at a New, “Affordable” EV

Volkswagen released a pair of sketches showing off a new concept dubbed the ID.EVERY.1. They reveal the direction the German automaker plans to take when it launches a new, entry-level battery-electric vehicle in 2027. But what else have we learned about the show car and ID.1 production model to follow? Headlight.News has more.

Tesla’s Affordable EV Once Again Delayed

Roadster Delayed, Entry Model Dead – But How About a Flying Tesla?

After a rough start, Tesla appeared to get back on track during the third quarter, beating both sales and earnings estimates. But, buried amidst all the financial data, CEO Elon Musk said there won’t be a $25,000 Tesla and the EV maker’s potentially rocket-powered Roadster is delayed – again. But he may be working on a flying Tesla.

Chevrolet’s New Equinox EV May be the Affordable Electric Vehicle the Market Needs

Chevrolet’s New Equinox EV May be the Affordable Electric Vehicle the Market Needs

U.S. EV sales growth has slowed sharply this past year, high sticker prices getting much of the blame – especially for products delivering reasonable range. That could play out well for Chevrolet which has revealed that the new, base trim package of the Equinox will start at just $33,600 before in delivery fees – even while offering 319 miles per charge. Better yet, that’s just $26,100 thanks to federal tax credits.

GM Aims to Drive Down Prices, Drive Up Profits, as it Continues EV Roll-Out

GM Aims to Drive Down Prices, Drive Up Profits, as it Continues EV Roll-Out

The growth of the EV market has clearly slowed this year, General Motors President Mark Reuss said during a media confab, but sales are still on the rise and GM continues planning to gain ground, even as it delays some product launches. A critical step will be driving down prices, even as profitability improves, said Reuss, who oversees GM’s product development efforts.

Want a Brand New EV For Just $14,000? There’s Just One Catch

Want a Brand New EV For Just $14,000? There’s Just One Catch

The high cost of today’s EVs has slowed demand. But there’s one model now priced at just $14,000, making it one of the lowest-priced vehicles on the market. But there is one catch: those 3,000 Fisker Ocean SUVs are being liquidated as part of the automaker’s bankruptcy. Whether you’ll be able to get parts and service going forward is far from certain.