article thumbnail

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

Teslarati

auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. Even despite ongoing political concerns, its entry into North America is considered an eventuality, and other Chinese automakers likely won’t be far behind.

article thumbnail

Hyundai Mobis to invest $926M in EV systems plant in Georgia

Green Car Congress

Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s auto industry. Since 2020, more than 30 EV-related projects have contributed over $13.3 Mobis is looking forward to providing high-quality work opportunities to the growing local workforce.

Georgia 186
article thumbnail

Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. Ipsos’ John Kiser, Senior Vice President, US Automotive & Mobility, said the same type of correlation between greater familiarity and greater interest can be seen in America. Source: Ipsos.

Global 429
article thumbnail

Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. Supply chain constraints, coupled with labor shortages which began during the pandemic, also continue to impact the auto industry as they try to ramp up production.

article thumbnail

Next phase of THEA’s connected vehicle pilot brings together auto manufacturers and road operators

Green Car Congress

The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers. To that end, THEA is proud to announce that it is collaborating with Honda R&D Americas, LLC, Hyundai America Technical Center, Inc. The current plan is for the OEMs to deploy six of the CV Pilot apps.

Connect 170
article thumbnail

How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

The auto industry is a relatively small chip end-user, but it’s growing fast. billion, the auto industry makes up less than 9 percent of chip demand by revenue, according to market research firm IDC. billion in 2021 after crossing the $3-billion mark in 2020 for the first time in years, SEMI says.

article thumbnail

Volkswagen extending Automotive Cloud to China and US in addition to Europe; core markets for future ID. EV

Green Car Congress

Volkswagen and Microsoft are also working together on first lighthouse projects for connected vehicle services, and progress has been made in the set-up of Volkswagen’s new Development Center in North America. Digital technology is rapidly changing every aspect of the auto industry—from the manufacturing process to the car itself.

Future 220