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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD Europe wants to triple its market in the region by 2025. Fortune mentions that BYD cars for Europe might eventually be mostly assembled in the region. “We are confident that we could be in a leading position.

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

Electrek

Sure, there are high-quality e-bikes built in Europe and even a few in the US. But not the ones with the price tags that make you go, “Honey, how can we afford not to?!” more… The post I just bought a super-cheap electric bike from China. And that’s exactly the story of my latest weird little e-bike purchase.

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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

Green Car Congress

IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. Growth is also being boosted by consumer awareness and acceptance in Europe of the benefits of electric motorcycles. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data.

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

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Comment on Nio adds new Nio House in Netherlands, its largest in Europe to date by John Hanna

CN EV Post

It's great that there are some new cheap EV's available out there now - in China at least - but what done the real price become for a company at near-term risk of bankruptcy? It had a brief rush to $62/ share as its high but it's down 92% from that right now, right after the public's reaction to the big ONVO sub-brand introduction.

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Comment on Automakers' share of China's NEV market in Jan: BYD tops with 31%, Tesla 5th with 6% by david k.d.

CN EV Post

A big part of its success is gotten from the fact that it had cheap cars at good prices. Also, China is still a much poorer market overall than the US and Europe, cars are bound to be cheaper there. If they can manage to gain traction in Europe, they'll definitely increase their margins.

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