Remove Auto Remove Auto Industry Remove Cars Remove Cheap
article thumbnail

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

Teslarati

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. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI.

article thumbnail

2020 Hyundai Sonata Hybrid $249 lease tops June plug-in, hybrid, electric car deals

Green Car Reports

Although the cheap low-interest or no-interest financing deals for new vehicles have mostly gone away, as the auto industry recalibrates supply to a new coronavirus-recovery norm for demand, many of them are still good through June in the green-car sector—leading to some standout deals for electric cars, plug-in hybrids, and hybrid vehicles. (..)

Plug-in 108
article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting. Specifically, the firm estimates US auto sales will reach just 12.7 billion in 2010 profit on a net margin of 4.6% billion on a net margin of 4.3%—things

article thumbnail

Tesla is redefining the “Made in China” moniker with Giga Shanghai: report

Teslarati

The narrative surrounding Tesla appears to have shifted for the better in China, with Xinhua News Agency , the official state-run press agency of the People’s Republic of China, recently posting a glowing analysis of the EV maker’s effect on the country’s auto sector.

China 142
article thumbnail

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

Standards 170
article thumbnail

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

Cars That Think

The concept behind V2G had gained traction in the late 1990s after California’s landmark zero-emission-vehicle (ZEV) mandate went into effect and compelled automakers to commercialize electric cars. In the early years of the automobile, battery-powered electric cars were competitive with cars fueled by gasoline and other types of propulsion.

Grid 143
article thumbnail

Will green cars put industry on road to profit?

Green Cars News

Here in the UK we’re so downtrodden by extortionate petrol prices that the prospect of driving fuel efficient green cars carries obvious appeal. However, what about our US neighbours where ‘gas’ prices are distinctly lower and so-called muscle cars are seen as almost iconic and part of the culture?