article thumbnail

BYD is launching its cheapest EV in South America, starting at $20,000

Electrek

Chinese EV leader BYD is launching its cheapest electric car, the Seagull, in South America. The BYD Seagull will go by the Dolphin Mini overseas and will start at $20,100 (99,800 BRL).

article thumbnail

Affordable Chinese EVs Boost Adoption Rates In Asia, South America: Report

InsideEVs

The average retail price of a BEV in China is less than half of the prices in the U.S. and Europe.

article thumbnail

Dozens Of Tesla Model 3s And Model Ys Just Landed In Chile.

InsideEVs

Tesla is entering South America to take on Chinese automakers and potentially revive sales.

Chile 105
article thumbnail

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.

Chinese 52
article thumbnail

BYD plans to launch Tesla Cybertruck competitor in 2024

Teslarati

According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. The Chinese automaker does have a presence in South America, which might be a good market for its electric pickup truck. She added that BYD does not have plans to enter the United States.

BYD 92
article thumbnail

SAIC-GM-Wuling to Export Mini-Commercial Vehicles to South America, Middle East and North Africa

Green Car Congress

GM’s SAIC-GM-Wuling joint venture signed a framework agreement with GM’s former Latin America, Africa and Middle East operations and distribution agreements with individual countries to export and distribute two of its most popular mini-commercial vehicles from China to markets in South America, the Middle East and North Africa.

article thumbnail

Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Several factors have likely helped push Chinese lithium to its meager price. Foremost, the Chinese government recently ended incentives for electric vehicles, which has slightly slowed their adoption in recent weeks. But how could this affect Tesla pricing?

Price 138