1 month ago | By High Gear Media

BMW's next-generation EVs will be built in San Luis Potosí, Mexico, as well as two European production sites, the automaker confirmed in a press release Friday. That may allow these new EVs, and their related battery production facility, to qualify for U.S. tax credits and supply-chain incentives. These models, based on a dedicated platform...
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The EV price war is here, and it's “no pain, no gain” for automakers

1 month ago | By High Gear Media

Yes, the electric vehicle price war has likely begun. Last month's Tesla price cuts slashed up to 20% of the cost to buy the EV maker's vehicles. Then in a rare move, Ford dropped prices on its Mustang Mach-E lineup last week by up to 9%. Those first dramatic shots over the bow are almost certainly not the end of it. Recent financial...
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Fast-charging price hike, EV price war, BMW EVs from Mexico: Today's Car News

1 month ago | By High Gear Media

BMW will turn to Mexico to make some of its more affordable EVs for the U.S. The past couple weeks have signaled that the EV price war has begun. And Electrify America raises prices. This and more, here at Green Car Reports. Electrify America last week announced price hikes for EV fast-charging. Adding up to about 15% extra for frequent customers...
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