article thumbnail

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

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI. BYD last year sold 1.57

article thumbnail

Joe Biden gives GM CEO Mary Barra credit for ‘electrifying the entire auto industry,’ but he’s wrong

Electrek

US President Joe Biden was at the inauguration of GM’s Factory Zero yesterday, the company’s first electric vehicle factory, and he gave a speech in which he gave credit to GM CEO Mary Barra for “electrifying the entire auto industry.” ” Fact check: Biden is dead wrong about that.

article thumbnail

Top Tesla Gigacasting Supplier Gets Acquired By GM!

CleanTechnica EVs

Tesla has jumped ahead of the auto industry in. continued] The post Top Tesla Gigacasting Supplier Gets Acquired By GM! Here’s a story from left field that we didn’t see coming! appeared first on CleanTechnica.

GM 126
article thumbnail

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.

GM 170
article thumbnail

Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

It’s not Volkswagen, the legacy automaker that Elon Musk states is the most serious one in the EV transition, nor is it GM and Ford, both of which are looking to release numerous EVs over the coming years. The post Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry appeared first on TESLARATI.

article thumbnail

Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Bosch, the world’s largest automotive supplier for Ford, GM, Toyota, VW, and BMW, among others, said last week that as many as 1,200 employers in its software and electronics division would be fired by the end of 2026, and that 80% of those cuts would take place at the Stuttgart-based headquarters in Germany. Get started here.

article thumbnail

Tuopu: Tesla Leads The Auto Industry By At Least 5 Years

CleanTechnica EVs

Tuopu is an auto parts supplier that services a wide variety of brands, from Geely and SAIC to Ford, GM, Volkswagen, and other major automakers. Ltd (Tuopu) recently stated in its most recent earnings call that Tesla has a five year gap on other car companies, Teslarati reported. Teslarati learned […].