article thumbnail

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.

article thumbnail

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.

article thumbnail

Nissan trade in low cost Ariya EV rent to broker workers

Baua Electric

The post Nissan trade in low cost Ariya EV rent to broker workers appeared first on Bauaelectric Auto News. Nissan sellers, a few of whom to find it difficult to promote expensive electrical automobiles, view the worker rent program so as to compres their Ariya stockpile and create fondness for the crossover.

article thumbnail

Fisker scraps direct sales and turns to auto dealers for sales

Teslarati

The startup is now turning to auto dealerships for sales and services. “I went to my accounting department and asked what is the cost of selling a car? “I went to my accounting department and asked what is the cost of selling a car? Fisker is scrapping plans for direct sales to customers.

Fisker 111
article thumbnail

Zotye launches low-cost car in China

Green Car Congress

Zotye Auto launched a basic model—called Jiangnan Alto—with a retail price of 18,800 yuan ($2,838). It is the first domestically made car sold below 20,000 yuan in China, costing only 2,000 yuan more than the world’s cheapest car, Tata Motor’s Nano, referred to as “The People’s Car.”

Low Cost 225
article thumbnail

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.

Mexico 145
article thumbnail

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

Low Cost 111