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

Teslarati

automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. However Tesla and other automakers have generally been considered to be targeting a $25,000 price tag, and while affordable, it’s still far greater than $10,000. BYD last year sold 1.57

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OneD, Koch Modular partner to scale up silicon-graphite EV anode materials – ET Auto

Baua Electric

The company says the process also saves money for automakers seeking affordable EV models. General Motors is a OneD investor and customer. Over the last decade, Chinese suppliers have flooded the market for polysilicon – high-purity silicon – market with cheap supplies, making new U.S.

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GM unveils the Chevrolet Equinox EV, its budget SUV offering

Teslarati

General Motors has announced their all-new Chevy Equinox EV, their affordable EV SUV offering. Chevrolet has long been the budget offering of GM products; their vehicles are made for everyone, so what if the interior is comparable to a school lunch tray, it’s cheap and (hopefully) reliable transportation.

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China’s EV market hits its stride with 1-in-3 sales being electrified

Teslarati

Tesla China roars back with 212% month-over-month production increase in May. the vast majority of the EVs that were sold were affordable. With these sales numbers, pure EVs now account for 20 percent of new car sales in China in 2022, and electrified vehicles overall account for 25 percent.

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Honda looks to build a $14 billion EV and battery plant in Canada

Baua Electric

After calling off beats with GM to “beat out Tesla” with a cheap SUV, it has now emerged with news that it is mulling over a $14 billion EV and battery plant in Canada. The company is expected to decide sometime this year, with production beginning in 2028. Thomas, Ontario, with production starting in 2027.

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New EV electric car calendar

EV Central

ACE-EV X1 Transformer – Australian-based start-up plans a small range of affordable EVs focused on light commercial duties. $5 Aiways U6 – ambitious EV start-up has big plans and right-hand drive production is already confirmed, opening the door to a local arrival. It’ll be on sale in 2025, possibly as the A9 e-Tron.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. "When I first visited the BYD factory, I was shocked," says Daniel Kim, a Merrill Lynch technology analyst based in Hong Kong, who has been to the fully automated production lines in Japan and Korea.

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