lowercost

Tesla to delay US launch of affordable EV, a lower-cost Model Y: sources

April 18, 2025

[SAN FRANCISCO/NEW DELHI/SEOUL] Tesla’s long-awaited plans for an affordable car include a US-made, stripped-down version of its best-selling electric SUV, the Model Y, but the production launch has been...

Apple to launch new lower-cost iPhone to capture a broader market

February 19, 2025

APPLE is set to launch its latest budget iPhone model on Wednesday (Feb 19) as it looks to grab a bigger share of the mid-range smartphone market and fend...

Rivian says lower-cost second generation EVs to help in push for profitability

June 27, 2024

MATERIAL cost of Rivian’s second-generation R1 electric SUVs and pickups will be 20 per cent lower than the current version, CEO RJ Scaringe said on Thursday (Jun 27), after...