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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.

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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. Supply chain constraints, coupled with labor shortages which began during the pandemic, also continue to impact the auto industry as they try to ramp up production.

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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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Novelis plans Customer Solution Centers to innovate alongside automotive customers

Green Car Congress

The facilities will be led by teams of industry-leading researchers, designers and engineers located in close proximity to automakers’ manufacturing sites in North America, China and Europe.

Fusion 249
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KPMG survey: global auto execs expect slow growth in electrified vehicle sales; intensified investment coming in the face of current modest demand

Green Car Congress

In polling 200 C-level executives in the global automotive industry for the 2012 automotive survey, KPMG found that executives in the US and Western Europe expect even less consumer adoption, projecting e-vehicles will only account for 6-10% of global annual auto sales. —Gary Silberg.

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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. The global auto industry is in a time of flux. China is the new Japan Well, Japan was the world’s largest auto exporter… until now.

China 52