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Cheap talk: Volkswagen to bed Renault in race to build sub-$30k EV | reports

EV Central

Volkswagen and Renault are primed to join forces to work today to develop a new family of electric cars that will be priced less than €20,000 ($A32,000). According to German newspaper Handelsblatt, both VW and Renault are considering the deal that will see both car-makers produce up 250,000 of its bargain basement-priced electric cars.

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Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export

Electrek

The BYD Seagull looks a lot like the venerable Chevy Bolt EV , but comes in at a literal fraction of the price… but with a fraction of the specs as well. more… The post Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export appeared first on Electrek.

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I just bought a super-cheap electric bike from China. It was a bad idea

Electrek

It’s no secret that most electric bikes come from China. But not the ones with the price tags that make you go, “Honey, how can we afford not to?!” Say hello to the Mihogo Mini, an ultra-low-cost electric bike direct from China. more… The post I just bought a super-cheap electric bike from China.

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EU’s anti-subsidy EV probe prompts retaliation from China

Teslarati

The European Commission’s anti-subsidy probe into electric vehicle (EV) imports from China prompted a retaliation from the Chinese government. Fortune states that Beijing’s probe targets liquor producers directly competing with China’s most valuable state-owned company. China has had a distinct advantage when it comes to prices.

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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. billion ($A1.8b) to build the world’s largest sodium battery plant in Xuzhou in China.

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Tesla maintains an Outperform rating by Wedbush as Q1 2024 ends

Teslarati

Wedbush maintained Tesla’s Outperform rating with a $315 price target as Q1 2024 ends. ” Last month, several firms dropped Tesla’s price target for varying reasons. .” ” Last month, several firms dropped Tesla’s price target for varying reasons. They believe reaching 2.1 million and 2.2

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China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

China is the world’s largest lithium battery market, accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit. China is the world’s largest lithium battery market , accounting for some 57% of global demand in 2022, according to the Economist Intelligence Unit.