Equinox EV details, Ioniq 6 price cut, Ford slows battery plans: Today’s Car News

Hyundai slashes the value of its Ioniq 6 electrical sedan. Ford takes some EV battery plans out of the quick lane. And the Equinox EV doesn’t meet its $30,000 goal, however how about 300 miles of vary? This and extra, right here at Inexperienced Automobile Experiences. 

GM just lately introduced a Chevrolet Equinox EV delay of “only a few months,” and on Monday it confirmed the brand new timeline—in addition to a repositioning of the product. The bottom worth of round $30,000 is gone, however so is the smaller battery pack. The Equinox EV will begin at $34,995 in a mannequin providing about 300 miles of vary and arriving later in 2024—mannequin yr but to be introduced—whereas the launch 2024 Chevy Equinox EV arriving earlier in 2024 will begin at $48,995 in front-wheel-drive type, with an anticipated 319-mile EPA score. All variations qualify for the $7,500 EV tax credit score.

Ford has delayed one of its two EV battery plants to be situated in Kentucky, citing lower-than-expected EV demand. Whereas the announcement doesn’t have an effect on the primary plant, attributable to begin making cells in 2025, or a battery plant at Blue Oval Metropolis in Tennessee, it means that Ford could also be reeling again targets on some EVs—together with, probably, its upcoming Undertaking T3 truck supposed for “extremely excessive quantity.”

And the Hyundai is enjoying hardball with Tesla on worth cuts. Late final week it revealed a giant 2024 Hyundai Ioniq 6 price cut—of as much as $4,100. The deepest reductions apply to the bottom SE Commonplace Vary, now $38,615, whereas the 361-mile long-range SE begins at $43,565, representing a $3,050 worth lower.

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