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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.

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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.

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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

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

Baua Electric

The automotive industry, backed by government support, has undertaken many initiatives to localise non-critical components and establish electronics assembly and design centres within the country. A positive outlook for FY24 is also an opportunity to press the point of localisation harder.

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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.

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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 anti-diesel agenda has set back progress on climate change, while electric vehicle demand remains disappointingly low amid consumer concerns around charging infrastructure availability and affordability. A consistent approach to incentives and tax, and greater investment in charging infrastructure will be critical.

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

Green Car Congress

Increasing future sales for BEVs will rely on companies improving awareness of their product. The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. After addressing the barriers, the benefits of owning a BEV can be highlighted.

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