GM questions the profitability of sub-$40,000 EVs. Lexus introduces a smaller hybrid for Europe in one other self-charging fog. And Toyota has an entire suite of automobiles that meet the mark for AWD, 40-mpg, and $30,000. This and extra, right here at Inexperienced Automobile Reviews.
GM CEO Mary Barra mentioned final week that EV battery prices are nonetheless too excessive to construct worthwhile EVs within the $30,000 to $40,000 vary. Given GM’s intent to craft its Ultium EV lineup round profitability, it’s not but totally clear what this implies for upcoming fashions with value factors effectively beneath $40,000—just like the upcoming $30,000 Chevy Equinox EV.
Toyota’s Lexus luxurious model has revealed a brand new, smaller hybrid mannequin referred to as LBX for Europe and Japan. A foot shorter than the UX that’s bought in America, the Lexus LBX hybrid hatchback marks the appears straightforward to park, however its launch brings again the model’s controversial “self-charging” advertising and marketing language that’s been banned in some markets.
Pivoting again to the U.S. market, for those who don’t have a spot to plug in however need an reasonably priced, high-mpg car with all-wheel drive, there are simply three hybrid fashions that supply up AWD, prime 40 mpg, and price lower than $30,000. And it simply so occurs they’re all Toyotas.
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