Remove Affordable Remove Auto Industry Remove Cheap Remove Market
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. 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. auto market anytime soon , some U.S.

article thumbnail

Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might still result in competitive prices. 84%, similar to the US market share of.66% at the time.

Chinese 52
article thumbnail

Tesla Model Y wins UK bestseller spot in March

Push EVs

of the auto market in March, down from 22.7% BEVs saw fractional market share growth YoY, and a new volume record, whilst PHEVs saw a slight decline. Overall auto volume was 287,825 units, up some 18% YoY, though still some 19% down from March 2019 levels. combined share of the overall market (from 29.6%

Plugin 59
article thumbnail

French EV market record high in March

Push EVs

In volume terms, with the overall auto market up over 24% YoY, all powertrains saw some volume growth except for diesel (down 5.7% Combined traditional combustion-only powertrains managed to cling on to 50% share of the market, perhaps for the last time. The post French EV market record high in March first appeared on ?PushEVs.

Market 59
article thumbnail

Best EVs of 2022: Our verdict on the new electric cars of the year

EV Central

The EV newcomer is largely unheard of but arrived with an affordable bang in the form of the Atto 3. But it’s the volume end of the market where the action is, which is why I’m super interested in the next BYD arrivals, the Dolphin and Seal. It’s the first ‘affordable’ EV that’s not felt heavily compromised or compromising.

article thumbnail

Convincing Consumers To Buy EVs

Cars That Think

However, until mainstream public confidence reaches the point where the perceived combination of risks of a battery electric vehicle purchase (range, affordability, reliability and behavioral changes) match that of an ICE vehicle, then EV purchases are going to be the exception rather than the norm. How much range is enough?

Buy 89
article thumbnail

Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices. 84%, similar to the US market share of.66%

Chinese 52