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

Teslarati

automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. However Tesla and other automakers have generally been considered to be targeting a $25,000 price tag, and while affordable, it’s still far greater than $10,000.

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A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. The post A cheap Toyota EV?

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. The steel industry cannot afford to wait for the 2040s to start its transition.

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Simple process for the production of fuel additives from residual forest biomass

Green Car Congress

Researchers at the Université de Sherbrooke, Canada, with colleagues at the Université de Toulouse, France, have developed a process for the direct production of levulinates from cheap residual lignocellulosic biomass using an affordable homogeneous catalyst. A paper on their work is published in Fuel.

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Ride1Up Prodigy V2 review: An affordable Brose mid-drive e-bike for the common man!

Baua Electric

The company has always sought to provide most of what you can get from higher-priced electric bike models, yet at a much more affordable price. Ride1Up describes the Prodigy V2 as “The successor to the industry-disrupting Prodigy mid-drive e-bike,” and that’s pretty darn accurate. Don’t believe me? That’s chunky, but not unmanageable.

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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

The company says the process also saves money for automakers seeking affordable EV models. conglomerate Koch Industries, will design and build a silane gas plant to remove impurities from silicon for the factory where OneD will combine it with graphite to make silicon anode materials. Nanowires are ultra-thin wires.

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Tesla margins will tighten as price cuts wage EV war: Morgan Stanley

Teslarati

After reiterating an ‘Overweight’ rating and a $220 price target on the automaker’s stock, Morgan Stanley analysts said that the recent moves by EV makers across the industry to reduce prices are indicative of a trend and not a fad. “We believe EV price cuts are not a fad, but a trend,” analysts wrote in a note.

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