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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 industry appeared first on TESLARATI.

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Adamas Intelligence expects 10-fold increase in value of rare earths to $36.2B by 2035; growth led by passenger EV traction motors

Green Car Congress

NdPr, Dy and Tb oxides—were consumed globally in NdFeB alloys for energy-transition-related applications, including EV traction motors and wind power generators. In 2022, Adamas Intelligence calculated that $3.8 billion worth of magnet rare earth oxides—i.e., billion in 2022 to $36.2 billion in 2035.

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Ames Lab researchers boost thermoelectric conversion by TAGS materials

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A team led by researchers at the US Department of Energy’s Ames Laboratory recently reported that doping members of the well-established TAGS group—tellurium, antimony, germanium and silver—of thermoelectric materials with 1% of cerium or ytterbium can boost the thermoelectric figure of merit by up to 25%. Levin, B.A.

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Tesla becomes South Korea’s second-largest importer, beating Mercedes-Benz

Teslarati

Industry data has revealed that Tesla successfully overtook Mercedes-Benz to become South Korea’s second-largest vehicle importer in March 2024. As per industry watchers, Tesla’s momentum came amidst the confirmation of government EV incentives last month.

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Elio Motors selects Comau for powertrain and automated assembly systems for 3-wheel vehicles

Green Car Congress

Elio Motors has selected Comau Inc., We are very pleased to be partnering with Elio Motors on the assembly of this unique three-wheel vehicle. Comau technology is used by car manufacturers all over the world and Elio Motors is fortunate to have their expertise and experience as part of our team.

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Panasonic invests $30M in Tesla Motors

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Panasonic Corporation has invested $30 million in Tesla Motors. Panasonic aims to be the number one Green Innovation Company in the Electronics Industry by 2018, the 100 th anniversary of our founding. We are proud to strengthen our relationship with Tesla Motors. We are happy to use a Li-Tec cell, or Panasonic or [others].We

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In-Wheel Electric Drive Company Names EV Industry Veteran Bob Purcell Chairman and CEO

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Purcell, best known for his leadership at the General Motors Corporation with the GM EV-1, moves into this role after serving as a board director and strategic advisor to the company. Protean Electric designs, develops and manufactures the Protean Drive, a fully integrated, in-wheel motor, direct-drive solution. —Bob Purcell.