Teslarati

APRIL 26, 2023

Used Tesla Model 3s and Model Ys aren’t depreciating nearly as fast as their luxury vehicle counterparts, despite five price cuts in the year’s first quarter. One concern many Tesla owners have shared online following the series of price cuts implemented by Tesla is that their vehicles would, in turn, dramatically depreciate.

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Price Industrial Industry Tesla 109

CN EV Post

MARCH 20, 2023

Li Auto leads the pack with superior execution, but risk-reward increasingly favors XPeng and NIO after a drastic sell-off this year, Morgan Stanley said. As of Monday's close, NIO's (NYSE: NIO) US-traded ADR was down 10 percent this year, XPeng was down 8 percent, and Li Auto was up about 12 percent.

Industrial 107

Industrial Industry China Price 107

CN EV Post

APRIL 6, 2023

With consumers in a wait-and-see mood, orders and transaction rates did not increase significantly, and auto demand recovered less than expected, the CADA said. Many automakers in China launched rare price wars in March to try to boost sales. The Vehicle Inventory Alert Index for China's auto market was 62.4 down from 74.6

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Auto China Price Dealers 123

Baua Electric

MARCH 4, 2024

After two consecutive years of swift growth in the auto industry’s performance, what is your outlook for 2024? 2024 is likely to see the industry stabilize and return to normal. 2024 is likely to see the industry stabilize and return to normal. 2024 is certainly promising, although with its own challenges.

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Auto Industry Auto Industrial Industry 52

Green Car Congress

DECEMBER 15, 2022

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

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China Auto Chinese Asia 368

Baua Electric

APRIL 30, 2023

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. The price decline indicates a deterioration in the local steel market, reported Nikkei Asia.

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Chinese Industrial Industry Price 40

Teslarati

NOVEMBER 18, 2021

Taking careful note to validate the efforts of GM CEO Mary Barra , Biden noted that the executive effectively “electrified the entire automotive industry” because of her leadership. “In the auto industry, Detroit is leading the world in electric vehicles. You electrified the entire automotive industry.

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Auto Industry GM Industrial Industry 145

Baua Electric

MARCH 6, 2024

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold.

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Industrial Industry Market Auto 52

Baua Electric

JANUARY 15, 2024

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Similarly, in the heavy-duty trucks category, VECV secured a 9.1

Auto Industry 52

Auto Industry Industrial Industry Auto 52

Baua Electric

MAY 14, 2024

Jeremiads lamenting China’s takeover of the global auto industry are everywhere these days. Retreating behind tariff walls or outright bans will further isolate America’s auto industry into a Galapagos market of ridiculous trucks sold at nosebleed prices.” Three recent accounts stand out from the pack.

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Industrial Industry Chinese Aston Martin 52

Teslarati

DECEMBER 2, 2021

Taveres said that the costs of transitioning to electric vehicle production are “beyond the limits” of what the current auto industry can sustain in an interview with Reuters Next. US President Biden pats GM CEO’s back: “You electrified the entire auto industry.

Auto Industry 112

Auto Industry Industrial Industry Auto 112

Green Car Congress

NOVEMBER 21, 2021

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.9% As was the case in October, some of the monthly increase is a result of the seasonal adjustment, as November typically sees above-average vehicle depreciation and therefore used price declines. increase from November 2020. year over year.

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Price Vehicles Auto 2020 394

CN EV Post

MARCH 13, 2023

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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Auto Price China Auto Industry 64

CleanTechnica EVs

DECEMBER 13, 2023

Our dealer-connected auto industry veteran of many years, Jo Borras, came across a big find this week. continued] The post Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices! It’s a Cox. appeared first on CleanTechnica.

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Price Electric Vehicles Vehicles Auto Industry 120

Clean Fleet Report

NOVEMBER 10, 2022

The electric vehicle (EV) industry is about to have its most significant sales spike thanks to international legislation and nonprofits ramping up support efforts. The accessibility of EVs is still not ideal due to high prices and limited access to charging stations. Here are three nonprofits fueling the EV industry.

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Industrial Industry Fuel Tax Credit 89

InsideEVs

JANUARY 23, 2023

While the shock comes as no surprise, the more interesting part will be how it impacts rival brands' future pricing and offerings.

Auto Industry 72

Auto Industry Price Industrial Industry 72

Green Car Congress

DECEMBER 13, 2022

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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Price Dealers Vehicles Land Rover 210

Baua Electric

MAY 21, 2024

Shares of logistics solutions provider Delhivery tumbled over 10% on Tuesday after the company’s fourth-quarter results prompted some brokerages , including CLSA , to cut their price targets on the stock. The price targets after the March quarter results imply a 15-74% upside in the stock from Tuesday’s closing price of INR 390.

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Price Auto Buy Insight 52

CN EV Post

MARCH 16, 2023

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The Volkswagen Phideon, with an official guide price of RMB 343,000 to RMB 449,000, received an RMB 50,000 discount, while most other models received discounts of RMB 25,000 to RMB 30,000.

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Price China Auto Auto Industry 106

Baua Electric

MAY 20, 2024

The world’s lithium miners — facing an unprecedented demand surge and wild price swings — are shaking up the way the commodity is bought and sold. These sales are a significant step for lithium, which until relatively recently was largely sold at prices fixed in long-term contracts. Albemarle Corp. , Albemarle Corp. ,

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Price Auto China Supplies 52

Baua Electric

JANUARY 23, 2024

ZF Friedrichshafen, which makes transmissions, shock absorption systems, and chassis components for more than 55 auto brands and is Germany’s second-largest supplier after Bosch, said it could axe as many as 12,000 people in a “worst-case scenario” by 2030, reports The Financial Times. FTC: We use income earning auto affiliate links.

Auto Industry 52

Auto Industry Auto Industrial Industry 52

CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Dealers BMW Price China 116

The Truth About Cars

SEPTEMBER 15, 2023

UAW President Shawn Fain said the Union would expand the strike in intervals to put more pressure on the auto giants, with plants in Michigan, Ohio, and Missouri being the first to stop work. However, it also puts pressure on the workers, who will only receive a $500 payment from the Union if the strike extends past eight days.&

Auto Industry 93

Auto Industry Auto Industrial Industry 93

Teslarati

SEPTEMBER 7, 2022

Shanghai predicts that autonomous vehicles will be a $72 billion industry by 2025 and has a plan to make that prediction come true, the South China Morning Post reported. Phate Zhang, the founder of CnEVpost, pointed out how the industry’s value can grow to trillions of yuan when Levels 4 and 5 autonomous driving is more common.

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Industrial Industry Cars China 120

Baua Electric

MAY 17, 2024

In the first few months of FY25, India’s domestic tractor industry may witness a slight decrease in demand on account of various factors, including the ongoing election, low reservoir water levels, reduced haulage activity, and a moderate rabi output. On the export side, during FY24, the industry was down around 21.4%

Industrial 52

Industrial Industry Water Sale 52

Baua Electric

FEBRUARY 10, 2024

Revenue growth could be higher than the volume growth, driven by 125cc+ segments and higher average selling prices. “We We expect the industry to grow in double digits on revenue in The post Hero MotoCorp sees FY25 two-wheeler industry revenue growing in double-digits | Autocar Professional appeared first on Bauaelectric Auto News.

Industrial 52

Industrial Industry Auto Price 52

Baua Electric

MAY 3, 2024

Albemarle pointed to higher EV sales in China in April, including at major automaker BYD, as a positive sign for lithium prices, but cautioned that current pricing would limit new projects from getting off the ground. “If prices stayed where they were today, you’d see us ramping capex down. billion and USD 1.8

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Price Auto North Carolina BYD 52

Green Car Congress

MARCH 10, 2023

A global Automotive Manufacturing Outlook survey commissioned by ABB Robotics and industry publication Automotive Manufacturing Solutions found that more than half (59%) of respondents believe the shift to pure electric vehicle production is not achievable within current legislative timelines. Only 4% felt it would not be possible.

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Manufacturer Auto Grid Supplies 364

Baua Electric

MAY 23, 2024

million for the first three months of the year, as oversupply of the metal needed for EV batteries drags on prices. SQM Chief Executive Ricardo Ramos, said that despite growth in sales volumes, the quarter had been hit by average sales prices for lithium that dropped over 75% to USD 12,600 per ton. This brought a loss of USD 3.04

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Price Auto Chile Sale 52

Baua Electric

MAY 8, 2024

India’s largest two-wheeler maker Hero MotoCorp believes subsidies are necessary for the electric two-wheeler industry for a longer time frame to support the fledgling electric vehicle market. We believe subsidies would be required for a bit longer period of time to support the industry.

Industrial 52

Industrial Industry Affordable Production 52

Baua Electric

FEBRUARY 29, 2024

Indonesian miners and smelters are still making good margins despite the price drop linked to higher nickel processing, and will benefit further from the shift as lower prices support the country’s battery industry, a senior official said on Thursday. “Not as ‘wow’ as two years ago, but still pretty good.”

Indonesia 52

Indonesia Price Auto Australia 52

Baua Electric

APRIL 4, 2024

Sigma Lithium ‘s chief executive won’t sell the miner at current lithium price levels and is concentrating on its near-term expansion plans, she told Reuters in an interview. “At these prices, we are not selling,” she said. “It was unfortunate we did it against massive headwinds of this price.”

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Price Auto Companies Brazil 52

Baua Electric

MAY 2, 2024

Lithium prices had fallen by more than 80% in the year up to March, according to a basket tracked by Benchmark Mineral Intelligence. Albemarle , the world’s largest producer of lithium for electric vehicle batteries , on Wednesday missed first quarter profit estimates on lower prices. Prices in the unit fell 89%.

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Price Auto North Carolina Lithium Ion 52

Green Car Reports

JULY 5, 2022

EV prices are soaring at a non-sustainable rate, one auto-industry executive warns. As noted by Autoblog, several automakers have raised prices on their electric models in recent months. Tesla has raised prices multiple times this year, and the GMC Hummer EV got a $6,250 price bump last week.

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Price Hummer GMC Auto Industry 193

Teslarati

JANUARY 8, 2024

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

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Baua Electric

MARCH 9, 2024

Demand for alternate fuels from vehicle buyers is growing and along with the transition to electric mobility, the CNG vehicle industry is currently witnessing strong double-digit growth. While the Tiago iCNG AMT is priced between Rs 790,000 and Rs 880,000, the Tigor iCNG AMT ranges from Rs 885,000 to Rs 955,000.

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Sale Industrial Industry Petrol 52

Baua Electric

MAY 28, 2024

German auto giant Volkswagen on Tuesday announced plans for a cheaper-than-ever electric model, as it faces increasingly strong competition from Asian rivals that have taken a lead in battery technology. Cheaper Chinese models are not just a concern for Europe’s biggest auto manufacturer, but for European officials.

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Europe Auto Battery Batteries 52