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

Teslarati

Former General Motors (GM) executive Terry Woychowski, who is now President of engineering consultancy Caresoft Global, called the arrival of the Seagull a “clarion call for the rest of the auto industry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.

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Report finds US automakers remain profitable under future CAFE standards even with fuel price fluctuation

Green Car Congress

In all of our fuel price scenarios (from Very Low to High), the auto industry would be profitable if current standards stay in place. When gas is very cheap, people tend to buy bigger, more profitable trucks. —co-author and independent auto industry analyst Dan Luria. With gas at $1.80

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor. And if you doubt that they will learn, check out my cover story about BYD in the new issue of FORTUNE, headed to subscribers and newsstands this week.

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