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Tesla rolls out Model Y price adjustments in Germany and Sweden

Teslarati

Tesla has initiated a round of price cuts for its best-selling car, the Model Y crossover, in Germany and Sweden. With the price adjustments in place, the Model Y Long Range Dual Motor All Wheel Drive (AWD) in Germany will start at a price of 49,990 euros ($54,340), a reduction of 5,000 euros from its previous price.

Sweden 125
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Volkswagen sues car dealer for importing ID.6 EV to Germany

Teslarati

6 electric vehicle (EV) into Germany. 6 EV for sale to customers in Germany. 6 EV is produced in China by the FAW-VW joint venture and is meant to be sold exclusively in the Chinese car market. 6 to Europe would provide local customers with an affordable EV option but probably undermine the EV price range in Europe.

Dealers 102
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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. BYD Seagull (Source: BYD) Its cheapest, the new Seagull , starts at around $9,700 in China.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

Chinese-made cars drive growth In Europe, sale of cars made in China saw the highest levels of year-on-year growth in February 2024 (+45%) and in January-February 2024 (+43%). By comparison, the registrations of cars made in Germany and Spain – the second and third most popular origins – saw increases of 6% each during February.

Chinese 52
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CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto

Baua Electric

VDA battery cells, originally developed in Germany, conform to specific dimensions and are favoured for their rectangular prismatic shape. Cao Li, vice president of Leapmotor, anticipates further reductions in battery prices, with the price of VDA battery cells potentially dropping to RMB 320/kWh.

BYD 52
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Here’s how China’s BYD is working on its image problem

Baua Electric

While European automakers have been shifting over to direct sales à la Tesla, China’s BYD, for Build Your Dreams, along with Chinese peers Xpend and Great Wall Motor are looking to dealers to build sales and provide networks to help their brands build solid reputations and trust among Europeans.

BYD 52
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Volkswagen Temporarily Cutting Production of European EVs

The Truth About Cars

The company has cited market forces as the cause, noting that its Zwickau and Dresden plants in Germany would be throttled down for a couple of weeks. According to Reuters , regional demand for both models has declined as Chinese EVs have started to become commonplace in Europe. 3 technically is a Chinese-made EV. Both the ID.3