Remove Auto Remove Building Remove Chinese Remove Low Cost
article thumbnail

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

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. 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. auto market anytime soon , some U.S. auto sector,” the organization writes.

article thumbnail

Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla

Baua Electric

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. Ford is “secretly” developing a low-cost EV platform Following Tuesday’s Q4 and full-year 2023 earnings results, Farley explained that Ford is adjusting its capital while switching gears to focus on smaller EVs.

article thumbnail

Renault and VW may partner on low-cost BEV minicar

Baua Electric

Renault confirmed today that it is in talks with Volkswagen to build a BEV minicar for the European market. While Stellantis just launched a sub-€25,000 EV, the Citroen e-C3, with a short-range version to come at below €20,000, VW is falling behind in the race to build a cheaper BEV. FTC: We use income earning auto affiliate links.

article thumbnail

Comment on Tesla scraps plans for low-cost car amid fierce competition from Chinese EVs, report says by John Hanna

CN EV Post

Anyone betting on the prospects of an automaker - particularly a young EV specialist automaker such ass tesla will lose his/her shirt if he/she fails to make a study of the entire EV auto sector to the depth of being able to take the pulse of any EV maker as against the vital signs of the company he/she holds shares in.

article thumbnail

Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

Chinese 52
article thumbnail

Stellantis’ JV approved, gaining exclusive rights to build and sell Leapomotor EVs outside of China

Baua Electric

This deal is the first of its kind for a Western automaker and gives Stellantis the exclusive rights to build, export, and sell Leapmotor brand EVs outside of China, and it is already mulling some exciting markets for them. The Chinese automaker also shared that its first EV shipments to Europe could come as early as the second half of 2024.

China 52
article thumbnail

Nissan and Honda may team up to slash EV prices and take on Chinese automakers like BYD

Baua Electric

Nissan and Honda are considering teaming up to introduce more affordable EVs to compete with Chinese automakers like BYD. The aim is to reduce EV prices as the automakers look to Chinese automakers with low-cost models like BYD. FTC: We use income earning auto affiliate links.

BYD 52