I rented a 2023 Chevrolet Bolt EV for the summer. It won't wow anyone, but it is reliable - with one downside.The 2023 Chevrolet Bolt EV offers an affordable entry point for electric vehicle buyers, especially with federal incentives.
The sub-$30,000 EV probably isn't going to happen anytime soonEV affordability is becoming more challenging, with average new EV prices now exceeding $56,000, despite past commitments for lower-cost options.
EV Sales Dip in Germany, Sweden & SwitzerlandDecline in BEV registrations in Germany and other countries due to lack of affordable models. Industry shifting towards launching more affordable EVs.
Volkswagen's strategy for EV interest: start with the price tagVolkswagen plans to launch entry-level affordable electric vehicles in Europe to enhance adoption and become a major player in the EV market.
Lucid's mid-size 'Model Y competitor' slated for late 2026 productionLucid Motors plans to introduce an affordable mid-size EV to compete with Tesla's Model Y by late 2026.