Canada Could Follow U.S. With New Tariffs On Chinese EVs
The resistance toward China-made EVs is growing globally as Canada sets to become the next nation to levy tariffs.
EV News
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Hyundai Ioniq 5 N Wins Exhibition Class At Pikes Peak Climb
The Hyundai Ioniq 5 N is making all the headlines in its special edition avatars smashing records at some of the most prestigious races in the world.
Affordable Hyundai Casper Electric Teased Ahead Of The June 27 Debut
The Korean auto giant has been dropping teasers to create a buzz around the upcoming affordable compact electric SUV.
Kia Global EV Sales Record New High In May 2024
The Korean auto giant witnessed a significant 93% rise in sales on a year-on-year basis in its all-electric offerings.
Affordable BMW 1 Series EV To Use Neue Klasse Platform
After the launch of the BMW iX1 was cancelled for the U.S. market, the most affordable BMW EV, the iX1 starts at $87,250.
2025 Audi RS e-tron GT Performance Is The Most Powerful Audi Ever
For the 2025 model year, a new Performance variant of the Audi RS e-tron GT has been added which generates a peak power of 680 kW (925 PS).
Volvo Could Import EX30 From Belgium To The U.S.
The Swedish auto giant currently manufactures the EX30 in Zhangjiakou, China but EU and the U.S. are planning tariffs on China-made EVs.
$8,000 GM Wuling Bingo EV Launched, Cheaper Than BYD Seagull
The GM Wuling Bingo EV is the latest addition to the unbelievable list of the cheapest mass-market electric cars on sale in China currently.
Affordable Sub-$25,000 Jeep Renegade EV To Launch In 2027
A presentation slide at the Investor Day Event contained “under $25k for BEV variant” information. The under-$25,000 Jeep Renegade EV has been confirmed for launch in 2027 by Stellantis. The information was revealed at the Investor Day Event held at Stellantis headquarters in Auburn Hills, Michigan. Jeep, along with many other legacy carmakers, has been aiming for an affordable EV for a while now. The American auto giant believes it is the only way to boost its depleting sales. Note that its sales have gone down from 973,227 units in 2018 to just 641,166 units in 2023. You might also like: Jeep Plans To Increase Its PHEV Sales By 50% In 2024 Jeep Renegade EV To Launch In 2027 In order to replenish its consistently declining sales in the last 5 years, Stellantis is planning affordable electric SUVs. That seems like the only feasible strategy to cater to the mass market. During this conference, Stellantis CEO Carlos Tavares was quoted saying, “If you ask me what is an affordable BEV, I would say €20,000 in Europe and $25,000 in the U.S. So our job is to bring the safe, clean and affordable BEV to the U.S., $25,000. We’ll do it.” With this, the compact electric SUV will join the other eco-friendly models in the lineup including the Wagoneer S and the upcoming Recon (an electric variant of the Wrangler). The latter is slated for launch later this year. The aim is to sell 50% more vehicles in 2027 in comparison to 2023. While there are not many details surrounding the electric Renegade just yet, we could make the logical assumption that it might borrow the powertrain from Citroen e-C3. The e-C3 was announced for Europe last year. It has a starting price of €23,300 or $25,000 which is what Jeep will also be targeting. If that turns out to be the case, the electric Renegade will feature a 44 kWh LFP battery which could offer a range of around 200 miles (322 km) on a single charge as per WLTP. There is a 111 hp motor and the e-C3 is capable of using a 100 kW DC charger via its 400 V electrical architecture. Certainly, Jeep will make sure that it designs the electric Renegade such that the EV carries the rugged traits of a typical Jeep. That will include appropriate elements on the exterior, as well as the interior. You might also like: Hyundai Casper-based Inster Sub-compact EV Teased w/ 355 km of Range Learn Electric Cars Says The need for affordable EVs is becoming apparent with each passing day. Most legacy car marques are working tirelessly to achieve the ambitious goal of sub-$25,000 EVs. This includes Ford, Volkswagen, Volvo, Jeep, Kia, Hyundai, Chevrolet, etc. The current demand for EVs is plateauing in the U.S. and China (the two largest automobile markets in the world). The next phase of EV adoption seems possible only on the back of affordable electric cars. Additionally, the infrastructure around EVs is also developing rapidly. All these factors would combine to ensure sustainable growth in this space going forward. That seems to be the only way to achieve the massive carbon neutrality targets set by most car companies for the coming decade. Image Source
Genesis GV60 Magma Spy Shots Reveal A High-Performance Trim
The performance iteration of the luxury EV borrows elements from the famed Hyundai Ioniq 5 N. The Genesis GV60 Magma spy shots indicate an even more powerful version of the luxury EV. The Hyundai Motor Company is not satisfied with keeping its Genesis sub-brand a premium-only affair. Sure it offers some of the most ostentatious automobiles out there, but the future looks diversified. Also, it makes sense since Genesis cars can easily borrow powertrains and platforms from established successful vehicles like the Hyundai Ioniq 5 and Kia EV6. You might also like: Hyundai Casper-based Inster Sub-compact EV Teased w/ 355 km of Range Genesis GV60 Magma Spy Shots The spy shots capture the luxury electric car with a partially camouflaged body. At the front, the split-LED light cluster is reminiscent of the Genesis design philosophy. We even get to witness a broad grille section with a splitter at the front. Apart from that, the side profile captures the crossover silhouette of the luxury EV. The roof rails, sloping roofline, flush-fitting door handles and ginormous wheel arches accentuate the road presence significantly. I particularly like the 21-inch elegant alloy wheels. At the rear, the sloping roofline culminates into a tailgate-mounted spoiler. It extends out of the body making it noticeable. The rear bumper wears a rather unique and rugged appearance with a chrome frame. The ‘V’-shaped elements near the C-pillar are a cool touch to elevate the exterior design language. I noticed that the ground clearance is quite low due to the suspension setup. That can be expected from a performance crossover. Now, there have been no official announcements regarding the powertrain of the Genesis GV60 Magma. Nevertheless, I expect it to borrow most elements from the Hyundai Ioniq 5 N. Since, the Performance variant of the existing GV60 already boasts a potent dual-motor AWD configuration with 483 hp (with boost mode) and 700 Nm, the more hardcore driving version is bound to have a higher output than this. Note that the Ioniq 5 N makes 641 hp and 769 Nm. I believe the GV60 will also get a tuned electric powertrain to produce something similar if not slightly higher. You might also like: Xiaomi To Launch More Powerful SU7 To Rival Porsche Taycan Learn Electric Cars Says The luxury department of Hyundai Motor Company looks determined to enter the performance EV race as well. This would be a great situation for those who want to experience the thrilling driving dynamics of a hot EV along with the utmost comfort and top-notch quality cabin. I believe it will be a niche market. Still, with the backing of Hyundai’s expertise in this matter, it is worth a shot. This Genesis GV60 Magma prototype could go into production soon, first in Europe and then in other international markets. Image Source – Autoevolution and the_carspy