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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.

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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.

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Renault and VW may partner on low-cost BEV minicar

Baua Electric

To stay in the game, Renault is among the European automakers rushing to produce EVs that are at a similar price point to ICE vehicles – to avoid losing out to Chinese rivals that have Europe in their sites with low-cost EVs – BYD’s vehicles are arriving by the shipload. FTC: We use income earning auto affiliate links.

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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.

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Tesla & Chinese EV Makers Putting Lot of Weight on These Low-Cost EV Batteries

CleanTechnica EVs

s Elon Musk rose to dominate the world’s largest auto market last year.” US-based electric automaker Tesla has set the trend for years. According to Yang Jie at Wall Street Journal, “A less-expensive battery technology championed by Tesla Inc.’s

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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.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Shifting to low-cost EVs Although low-cost Chinese passenger EVs, like BYD , are not sold in the US, they are having a big impact on domestic automakers.