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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. ” BYD executive says Tesla is a ‘partner’ in electrification What are your thoughts?

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BYD executive dubs Tesla a “very respected industry peer” amid EV transition

Teslarati

Recent comments from Yunfei Li, general manager of branding and public relations at BYD, have suggested that the Chinese electric vehicle maker regards its biggest American rival as a key ally in the transition to sustainable transportation. This was despite BYD overtaking Tesla as the world’s largest electric car company in late 2023.

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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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Jeep, Ram owner is launching affordable EVs next year

Electrek

Stellantis, the parent company behind Jeep , Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. The automaker aims to reduce prices on electric models to take on industry leaders like Tesla and incoming Chinese EV makers.

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Tesla China ends Q1 2024 on a strong note with 17.3k insurance registrations

Teslarati

Tesla China’s estimated domestic vehicle sales ended the first quarter of 2024 on a strong note. As per industry watchers, Tesla China saw 17,300 new vehicle insurance registrations for the week of March 25-March 31 — the highest in 2024 so far. The post Tesla China ends Q1 2024 on a strong note with 17.3k

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Tesla Model 2 abandoned? Multiple sources say $25,000 electric car dead, Elon says it’s all lies

EV Central

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. READ MORE: Tesla Model Y cheaper than ever! The Tesla employees told third-parties the decision was based on economic conditions. Tesla CEO Elon Musk.

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Tesla & other companies form EMA to promote electric mobility in Mexico

Teslarati

Tesla and a few other companies recently announced the launch of the Electro Mobility Association (EMA) to promote the production and purchase of electric vehicles in Mexico. Along with representatives from Tesla, Chinese automaker BYD, Europe’s Volvo, JAC, SEV, and Vemo formed the EMA.

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