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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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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

To create the largest impact, the researchers concluded, emphasis should be placed on the largest producers of vehicles; the five largest producers of automotive vehicles in the United States are General Motors, Ford, Toyota, Chrysler, and Honda. Cost to manufacture is one of the main considerations. General Motors.

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

Green Car Congress

The contract award, which includes a 75% cost-share, funds a 30-month project that began in October 2021. The program’s focus is to demonstrate that battery-grade metals can be manufactured from recycled materials at lower cost, lower environmental impact, and with higher domestic US sourced content than conventional virgin sourced metals.

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USABC awards $919,000 Li-ion active material coating technology assessment contract to Physical Sciences; EV requirements

Green Car Congress

The United States Advanced Battery Consortium LLC ( USABC ), a subsidiary of the United States Council for Automotive Research LLC (USCAR), and a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, has awarded a $919,000 contract to Physical Sciences Inc.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said. With roughly one tonne of steel per car, the automotive sector is a major client of the steel industry and hence, iron ore exports.

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GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales

Baua Electric

GM released its annual forecast with fresh clarity, it says, about labor costs after the ink has dried on new union contracts in North America. Plus it has outlined its upcoming EV strategy, and how it plans to hurdle the fallout from Cruise , which already cost the company $2.7 billion last year. of its total volume.

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Ford doubles EV goal for 2023 and has a new semiconductor partner to help

Teslarati

Ford CEO Jim Farley stated that the automaker has now doubled its electric vehicle production goals to 600,000 units by 2023. CEO Jim Farley said yesterday that Ford would be increasing its EV production goal from 300,000 to 600,000 over the next two years, aiming to solidify the manufacturer’s position as #2 in the U.S.

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