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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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Tesla’s $25,000 car to be built at Giga Texas, then Giga Mexico: Elon Musk

Teslarati

On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. For one, Musk said that Tesla was “quite far advanced” in working to develop the low-cost, high-volume EV, adding that he reviews the production line plans for that on a weekly basis.

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Toyota and Lexus roll-out low-cost automated braking safety packages on RAV4 Hybrid and RX crossover

Green Car Congress

At separate press conferences Wednesday and Thursday at the New York Auto Show, Toyota will reveal the RAV4 Hybrid SUV, while Lexus unveils its all-new fourth-generation RX luxury crossover SUV. The systems are intended to address commonly occurring crash types according to traffic accident statistical analyses.

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Tesla fans bid farewell to the OG Model 3, a true electric driver’s car

Teslarati

While the Model S proved that EVs can be just as good or even better than combustion-powered cars, the Model 3 proved that EVs can compete with ICE-powered vehicles at a competitive price. But unlike Apple fans lining up for the newest iPhone, the Tesla fans lined up for a car whose design and specs are yet to be revealed.

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Nissan and Honda confirm new EV partnership as they look to play catch up with Tesla, BYD

Baua Electric

The new partnership comes as both automakers (and the Japanese auto industry) quickly fell behind EV leaders like Tesla and BYD. According to sources, the aim is to bring down EV prices to compete with low-cost leaders from China. FTC: We use income earning auto affiliate links.

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BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

BYD EV sales momentum continues in January BYD sold 105,304 fully electric cars last month, up 48% from the 71,338 handed over last year. ’” Although BYD is known for its low-cost EVs like the Dolphin electric hatch and Atto 3 SUV, the brand is rapidly expanding into new segments and markets. 1, headed for Europe.

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Tesla’s apparent red carpet treatment in India an effective tool against rivals

Teslarati

BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry. These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales.

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