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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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GM and GlobalFoundries in long-term direct supply agreement for US production of semiconductor chips

Green Car Congress

General Motors (GM) and GlobalFoundries (GF) have entered a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. This agreement supports GM’s strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden vehicles.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. In terms of annual EV production, Europe’s 1.1 Source: The ICCT. million nearly matched China’s 1.27

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

General Motors’ (GM) support for Tesla’s North American Charging Standard (NACS) might be trouble for Electrify America. The theory is gaining some legs now that General Motors has decided to support the NACS. First, NACS is half the size and twice as powerful compared to CCS.

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False Starts: The Story of Vehicle-to-Grid Power

Cars That Think

It occurred in the wake of the California electricity crisis of 2000 and 2001, when mismanaged deregulation, market manipulation, and environmental catastrophe combined to unhinge the power grid. If too much or too little electricity is present in the power grid, the network can suddenly become unbalanced.

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Ford, Volkswagen, and GM Explore EV-Powered Houses

Cars That Think

Starting this year, thousands of battery-powered electric drive Volkswagen vehicles capable of both loading and offloading current—bidirectional charging, as industry calls it—have been rolling off production lines in eastern Germany. A side benefit could be plugging in appliances to the car while camping rough.

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European Auto Industry Expresses Concern Over Iron Ore Price Hikes

Green Car Congress

The ‘big three’ represent around 70% of the exports of iron ore and, subsequently, hold the significant pricing power of an oligopoly. In addition, BHP and Rio Tinto have announced their intention to create a joint venture and merge their Australian iron ore productions, leading to further concentration.