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

Teslarati

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 market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. BYD last year sold 1.57

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Tesla margin tightrope is ‘keeping investors up at night’: Wedbush

Teslarati

Analysts were fixated on the 20-plus-percent margin level and whether Tesla’s strategy of cutting prices to undercut competitors and make its vehicles more affordable would hurt the company’s balance sheet. Tesla (TSLA) Q1 2023 earnings results: $23.3B in revenue, 19.3% percent, with Wall Street expecting 20.7

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. The imminent collapse of traffic in megacities such as Mumbai, Mexico City or Bangkok. And the auto industry doesn’t hold back on announcements.

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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. The end of ownership usually results in used sales, which increases affordability and adoption. What type of leadership makes you thrive?

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EAA National Board nominations from across North America

Electric Auto Association

Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. The end of ownership usually results in used sales, which increases affordability and adoption. What type of leadership makes you thrive?

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. After our one-year test, in summer 2011, we’ll be ready to create a powerful new US conversion industry.

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Here’s how the new EU tariffs will impact Chinese EV makers like BYD and NIO

Baua Electric

According to leading global auto data firm Jato Dynamics , the average retail price of imported Chinese EVs was 29% lower than models produced in Europe (excluding incentives and discounts). BYD Seal test drive in Mexico (Source: BYD) According to the release, Tesla “may receive an individually calculated duty rate at the definitive stage.”

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