Renault's low-cost brand announces exciting additions to EV fleet — see what's in store
Renault's low-cost brand Dacia is popular in the European market, with the company reporting that it sold 676,340 cars in 2024. It also picked up the award for the best-selling vehicle in Europe with its Sandero model.
On the back of this success, Dacia has announced that it will be adding more electric vehicles to its fleet from 2027, as Reuters reported. Dacia has one all-electric model: the Spring. The company hopes that by expanding on this, it can remain competitive as other affordable EVs from China appear on the market.
According to Reuters, Dacia CEO Denis Le Vot said that the next Sandero will be an EV, and it will likely be available at the end of 2027. This is great news for people looking for an affordable switch away from dirty fuel-powered cars.
If you were going to purchase an EV which of these factors would be most important to you?
Good driving range
Affordable sticker price
High-tech safety features
Cheap maintenance costs
Click your choice to see results and speak your mind.
EVs are changing the way we drive and offer a whole host of benefits for drivers. Compared to gas-guzzling cars, they offer lower fuel and maintenance costs and produce no harmful tailpipe pollution, which results in cleaner air.
A 2020 Consumer Reports study showed that EV drivers spend around 60% less on fuel costs each year compared to drivers of cars with internal combustion engines. Additionally, EVs are often cheaper to maintain because there are far fewer moving parts, and they don't require the use of fluids such as engine oil that need to be regularly changed.
Charging infrastructure has been rapidly rolled out across the U.S. This makes it a lot easier for drivers to access public charging stations, which promotes EV ownership. When combined with the increase in more budget-friendly EV options being released, such as those from Dacia, EVs have become more accessible.
Making your next car an EV could help you save money while reducing health risks in your community and slowing the production of pollution that overheats our planet.
Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Goldman Sachs lowers Tesla vehicle delivery estimates
-- Goldman Sachs has lowered its Tesla (NASDAQ:TSLA) vehicle delivery and EPS estimates, citing "weaker monthly datapoints in key regions" such as China, the US, and Europe, along with concerning consumer survey data. The investment bank now anticipates a more challenging environment for the electric vehicle manufacturer. According to Goldman Sachs, U.S. deliveries through May are "tracking down mid teens yoy," based on data from Wards and Motor Intelligence. European registration data for April is said to show a "50% yoy decline," with May data indicating a "mid 20% range yoy decline." In China, the bank said that while April and May data suggest a low single digit sequential increase, it represents a "20% yoy decrease" compared to the same period last year. Consequently, Goldman Sachs now projects Q2 2025 deliveries to be 365,000 units, a notable reduction from their previous estimate of 410,000 and "below Visible Alpha Consensus Data at 417K." They believe Q2 deliveries could range between 335,000 and 395,000 depending on June's performance and "the degree of incentives Tesla utilizes." Consumer survey data from Morning Consult and HundredX, analyzed by Goldman Sachs with their Data Works team, indicates "weak" sentiment for Tesla in North America and Europe, while being "stronger in China." This suggests "demand/brand issues may be contributing to weakness in the US and European markets," said Goldman Sachs. The believe the decline in China could stem from "competition and product cycle timing." Reflecting these trends, Goldman Sachs has revised its delivery assumptions for 2025, 2026, and 2027 to 1.575 million, 1.865 million, and 2.15 million units, respectively, down from prior estimates. Despite the downward revisions, Goldman Sachs maintains a Neutral rating on Tesla shares, lowering their 12-month price target for the stock to $285 from $295. Related articles Goldman Sachs lowers Tesla vehicle delivery estimates Shopify, Citi named signature picks at Wells Fargo Goldman Sachs lowers MYR Group, raises MasTec Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Lucid signs US graphite supply deal for EV batteries
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Lucid Group has signed a second agreement with Graphite One for U.S.-sourced materials needed for lithium-ion batteries as the electric car maker seeks to strengthen its domestic supply chain, according to a June 4 press release. The latest agreement will provide Lucid and its battery cell suppliers with natural graphite from the Graphite Creek deposit north of Nome, Alaska, where Graphite One expects to begin production in 2028, per the release. The deal complements a 2024 pact in which Graphite One agreed to provide Lucid and its battery cell suppliers with graphite processed for use in battery anodes, starting in 2028, the release said. The active anode material (AAM) would come from Graphite One's planned plant in Warren, Ohio. Lucid has increased U.S.-based battery-electric-vehicle production as part of its strategy for weathering tariff uncertainty. Executives have highlighted the company's efforts to localize critical supplies, including the transition to Panasonic's Kansas battery facility and the sourcing of domestic graphite through partnerships with Graphite One and Syrah Resources. Beginning next year, Syrah will supply AAM from its production facility in Vidalia, Louisiana, under a three-year deal with Lucid, per the release. "A supply chain of critical materials within the United States drives our nation's economy, increases our independence against outside factors or market dynamics, and supports our efforts to reduce the carbon footprint of our vehicles," Lucid interim CEO Marc Winterhoff said in the release. Establishing supplier networks to build EV batteries has been a trend encompassing both traditional automakers and EV-only makers, such as Lucid. For example, Nissan Motor Corp and SK On signed a battery deal in March. The previous deal between Lucid and Graphite One is a non-binding supply agreement, pending Graphite One's commencement of AAM graphite production at the Ohio facility, according to the Canadian company's annual Management's Discussion and Analysis document, filed in April. The plant is Graphite One's first AAM factory, CEO Anthony Huston told Supply Chain Dive. If successful, the Lucid and Graphite One partnership would establish a U.S. source of graphite materials for EV batteries for the carmaker. However, Hunan Chenyu Fuji New Energy Technology, an AAM manufacturer based in Changsha, China, would play a critical role in supporting the partnership. Graphite One signed a technology licensing agreement and a consulting agreement with Chenyu last October, according to the MD&A document. Chenyu agreed to assist in the design, construction and operation of the Ohio facility. Additionally, Chenyu would receive quarterly royalties for its technology used in AAM manufacturing. Graphite One turned to Chenyu for the technology because it doesn't exist in the U.S., Huston said. 'There's no technology in the United States,' Huston said. 'And the reason why is because we haven't had it [graphite production] for 34 years. Once you stop producing something, you lose the ability to have the know-how, and the understanding, and the actual processing side that surrounds it.' Editor's note: This story has been updated to include comments from Graphite One CEO Anthony Huston Recommended Reading Automotive supply chains can benefit from sourcing alliances. Here's why. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
Japan trade negotiator Akazawa says he made progress in US tariff talks
By Tim Kelly TOKYO (Reuters) -Japan had made some progress in a fifth round of trade talks with U.S. officials aimed at ending tariffs that are hurting Japan's economy, Tokyo's chief tariff negotiator said. "Tariffs have already been imposed on autos, auto parts, steel and aluminum, and some of them have doubled to 50% along with 10% general tariff. These are causing daily losses to Japan's economy," Ryosei Akazawa, said in Washington on Friday after talks with officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Akazawa declined to say what progress they had made. The latest round of talks may be the last in-person meeting between senior Japanese and U.S. officials before the Group of Seven (G7) leaders summit that starts on June 15, where U.S. President Donald Trump is expected to meet Japanese Prime Minister Shigeru Ishiba. Japan also faces a 24% tariff rate starting in July unless it can negotiate a deal with Washington. "We want an agreement as soon as possible. The G7 summit is on our radar, and if our leaders meet, we want to show what progress has been made," Akazawa said. "Still we must balance urgency with a need to guard our national interests," he added. Last month Japan's trade negotiator said U.S. defence equipment purchases, shipbuilding technology collaboration, a revision of automobile import standards and an increase in agricultural imports could be bargaining chips in tariff talks. In a bid to reach an agreement with the U.S., Japan is also proposing a mechanism to reduce the auto tariff rate based on how much countries contribute to the U.S. auto industry, the Asahi newspaper reported on Friday. Akazawa said Japan's position has not changed and that the tariffs are not acceptable. Sign in to access your portfolio
