Remove Affordable Remove Auto Industry Remove Industrial Remove Products
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. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.

article thumbnail

Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025.

article thumbnail

2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Year 2024 promises to be an exciting one for the automotive industry as it moves into new territories of innovation and changing customer demands. So, while the Covid-19 lockdowns severely affected the entire automotive industry’s value chain, it also began to embrace a fresh perspective amidst the global crisis. lakh crore (USD 69.7

article thumbnail

UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals. of the UK’s 2.5

2017 210
article thumbnail

Elon Musk sets expectations for next-gen Tesla Roadster production

Teslarati

Hopefully, start production—and this is not a commitment—but hopefully start production next year.” Since the next-gen Roadster was first seen on the tarmac coming out of a Semi, Tesla has worked hard to grow as an EV maker in an auto industry dominated by fossil-fuel cars. Tesla Roadster 2.0

article thumbnail

Tesla looking to produce next-gen EV codenamed “Redwood” in mid-2025: report

Teslarati

Despite this, the company still does not have a car that can compete in the affordable segment, as both the Model 3 sedan and Model Y crossover are still premium vehicles. The vehicle’s production would start around June 2025 , though volume production would likely start sometime in 2026, one of Reuters’ sources claimed.

Tesla 140
article thumbnail

Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of Automobile Manufacturers (CAAM) on Oct.