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

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

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Tesla’s apparent red carpet treatment in India an effective tool against rivals

Teslarati

India is an increasingly important market in the auto industry. Tesla is reportedly in discussions with Indian officials for the buildout of a plant that would have the capacity to produce a new low-cost electric car that’s expected to be priced at around $24,000.

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Nissan and Honda confirm new EV partnership as they look to play catch up with Tesla, BYD

Baua Electric

Nissan and Honda form EV partnership to keep pace Yesterday, Electrek reported that Nissan and Honda were considering partnering up to introduce more affordable EVs. The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD.

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PNNL team develops higher-strength, lower-cost titanium alloy aimed at improving vehicle fuel economy and reducing CO2 emissions

Green Car Congress

However, wide scale adoption of β-titanium alloys in transportation applications has been limited due to its high cost. The cost of β-titanium alloys can be lowered by replacing the expensive β stabilizers such as Mo, Cr and V (in full or in part) by low cost Fe such as the case in Ti–1Al–8V–5Fe (Ti-185) alloy introduced in 1960s.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

GM described its approach at the Washington Auto Show. provide home wiring service at low/no-cost or financed thru low monthly utility bill); Provide free charging or compelling low-cost EV rates (3-4 cents/kWh); Provide “green” electricity options; Commit/fund commercial fleet purchases (25 high-profile vehicles).

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

Meanwhile, adding further downside pressure is that banks in many cases are working to reduce their exposure to the auto industry. Other key actions for lenders to take include: Provide Affordable Financing: The interest rate on loans to finance consolidation efforts should be set at lower lending rates. Laura Marcero.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Well, America’s auto industry delivered over 100,000. And no one asked what it would cost. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. It’s a 21st-century equivalent of what we did in 1942. We just had to do it.

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