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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. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. 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. Image: Tesla] Become a& TTAC insider.

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

Teslarati

While Tesla has seen notable challenges breaking into India in the past, the electric vehicle maker appears to be receiving a red carpet welcome of sorts this time around. This bodes well for Tesla, and it could result in the company not competing with some of its strongest rivals in the country, at least in the near future.

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

Baua Electric

BYD introduced the “Seal Honor Edition” on its Weibo account, a new, lower-priced version of its Tesla Model 3 rivaling electric sedan. BYD new Seal electric Sedan (Source: BYD) At 4,800 mm long, 1,875 mm wide, and 1,460 mm tall, the new Seal is a direct rival to the Tesla Model 3 (4,720 mm x L, 1,848 mm x W, 1,442 mm x H) in China.

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LIVE BLOG: Tesla Q4 and Full Year 2022 earnings call

Teslarati

Tesla’s Q4 numbers were very impressive, with the company achieving its highest-ever quarterly revenue, operating income, and net income. Tesla highlighted a number of its key milestones in the fourth quarter. The Tesla Semi started deliveries in December as well. Credit: Tesla Inc. Until the next time!

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Ford secures nickel supplies with $4.5 billion investment

Teslarati

Besides the massive retooling effort that has taken the auto industry by storm over the past two years, the search for raw materials for EV batteries has become a growing priority for automakers. Today, Ford has done just that by signing onto a $4.5 billion nickel processing facility, which will be constructed in Indonesia.

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