Remove Affordable Remove Auto Industry Remove Chinese Remove Price
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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. 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. auto sector,” the organization writes.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.

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Chinese Government think tank calls for refocusing auto industry on environment-friendly and energy-saving targets

Green Car Congress

Sales of domestically-manufactured autos rose 36 percent year on year to reach 13.14 million units in the months through September, as lower-priced automobiles have become more affordable for better-off Chinese people, according to data released by the China Association of Automobile Manufacturers (CAAM) on Oct.

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BYD launches lower-priced version of its Tesla Model 3 rival electric sedan, starting at $25K

Baua Electric

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. Based on the e-platform 3.0, the new EV is offered with 61.4

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Tesla’s apparent red carpet treatment in India an effective tool against rivals

Teslarati

BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry. These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales.

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139. THE SUN WILL RISE FROM THE WEST: Predictions for 2022

Qnovo

The supply chain of raw materials critical to batteries is investing in increased resilience from Chinese-controlled mines in Africa. Battery prices are free falling even with rising raw material prices. Auto companies have committed to a vast expansion in their EV offerings by 2025.