Remove Auto Industry Remove Companies Remove Motor Remove Motoring
article thumbnail

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 sector,” the organization writes.

article thumbnail

Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. Stellantis invested €1.5

article thumbnail

Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

Green Car Congress

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. Today, countries are competing in the open market, just as companies are. Earlier post.)

Croatia 207
article thumbnail

Tesla removes Model 3 Long Range Dual Motor from China’s configurator

Teslarati

Tesla China removed its listing for the MIC Model 3 Long Range Dual Motor in the online configurator. Tesla may be using the electric motors and battery packs for the MIC Model 3 Long Range Dual Motor variant to produce the Model Y Dual Motor AWD trim. RMB after deductions. Credit: Tesla).

Motor 141
article thumbnail

American Battery Technology Company receives $2M USABC award to demo integrated Li-ion battery recycling technologies

Green Car Congress

We are excited that through this demonstration ABTC will work together with such highly respected industry leaders to demonstrate a low-cost, low-environmental impact, integrated lithium-ion battery manufacturing supply chain to enable a true closed-loop domestic circular economy.

Li-ion 243
article thumbnail

Hyundai Motor India clocks best-ever sales in January | Autocar Professional

Baua Electric

Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. Demand for the company’s passenger vehicle range continues to be powered by the Creta midsize SUV and the recently launched Exter compact SUV.

India 52
article thumbnail

AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

Over the last 17 years, the company has offered tailored metal forming solutions and maintenance services support to both local and international clients in India. The company offers presses for forming automotive body panels, precision presses for motor cores lamination in electric vehicles, and peripheral equipment for automation.