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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. However Tesla and other automakers have generally been considered to be targeting a $25,000 price tag, and while affordable, it’s still far greater than $10,000. BYD last year sold 1.57

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

This marks a 6% drop from $140/kWh in 2020. Continuing cost reductions bode well for the future of electric vehicles; however, the impact of rising commodity prices and increased costs for key materials such as electrolytes has put pressure on the industry in the second half of the year.

Price 469
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UK to invest $841M from 2015-2020 to boost ultra low emission vehicle industry

Green Car Congress

The UK government announced plans to invest £500 million (US$841 million) between 2015 and 2020 to boost the ultra low emission vehicle (ULEV) industry and help drivers both afford and feel confident using electric cars. The automotive industry is worth £11.2 billion (US$18.8 Charging infrastructure. Consumer grants.

2015 255
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Aluminum industry says NHTSA/EPA draft rule assumptions on lightweighting in small cars false

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The US aluminum industry continues to make significant investments to meet growing demand for automotive aluminum. The industry supports nearly 700,000 direct, indirect and induced jobs across the nation and since 2013 has invested more than $2.6 —Mario Greco.

EPA 276
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JATO: electrified vehicles 13% of new car reg in Europe in January 2020; electrified vehicles only growth-driver

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A total of 1,138,057 new passenger cars were registered in Europe in January 2020, representing a decline of 7.6% Only two years ago not many in the industry would have predicted such high levels of demand for EVs. from January 2019, according to JATO Dynamics. —Felipe Munoz, global analyst at JATO Dynamics. in the year prior.

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Medium-duty Mack MD Electric now available for order

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The MD Electric complements Mack’s highly efficient, diesel-powered Mack MD model sibling, which has continually experienced growing customer demand since its introduction in 2020. The MD Electric is the second electric vehicle introduced by Mack Trucks to the industry. Mack Trucks is part of the Volvo Group.

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European electrolyzer manufacturers commit to boosting capacity tenfold by 2025

Green Car Congress

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. Today, industry agreed to a tenfold increase in electrolyzer manufacturing capacities in Europe. Background.