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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. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. auto market anytime soon , some U.S.

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China’s EV market hits its stride with 1-in-3 sales being electrified

Teslarati

the vast majority of the EVs that were sold were affordable. The top spot, as expected by anyone who has watched the Chinese market, was the Wuling HongGuang Mini EV , a cheap and practical EV made by none other than a joint venture with General Motors (the company that sold 26 EVs in the US Q4 2021 ), SAIC Motors, and Liuzhou Wuling Motors.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

BYDs plug-in, called the F3DM (for "dual mode"), goes farther on a single charge - 62 miles - than other electric vehicles and sells for about $22,000, less than the plug-in Prius and much-hyped Chevy Volt are expected to cost when they hit the market in late 2010. we could not afford to do anything like this."

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Senate Bill Seeks to Tariff Chinese Vehicles Out of Existence

The Truth About Cars

manufacturing advocacy group urged Biden to block low-cost Chinese autos and parts from Mexico. The introduction of cheap Chinese autos - which are so inexpensive because they are backed with the power and funding of the Chinese government — to the American market could end up being an extinction-level event for the U.S.

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