article thumbnail

Novel Sodium-Ion Battery-Powered EVs To Hit Chinese Streets in January

The Truth About Cars

A Volkswagen-funded Chinese automaker has a new type of battery that offers some benefits over lithium-ion batteries, namely cost and cold weather performance, but it’s unclear if we’ll see them in the United States. Image: Iryna Imago via Shutterstock] Become a& TTAC insider.

Sodium 99
article thumbnail

Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

Recharge 135
article thumbnail

Volvo’s EX30: Chinese Cars Undercutting Hapless US Domestic Automakers

CleanTechnica EVs

Earlier this month, Volvo announced the EX30, an affordable electric crossover. We covered it in several articles, but I wanted to quickly explain why United States domestic automakers are in a bit of peril, and discuss a bit of what they need to do to get out of the pickle they seem to be headed […]

Chinese 87
article thumbnail

BYD’s strategy to take over Europe [Feature]

Teslarati

BYD and other Chinese automakers have studied the European auto market for years. The publication also shared details about how other Chinese automakers are entering the European market and their plans to beat top-selling brands like Tesla and Volkswagen in the EU’s local electric vehicle (EVs) market.

Europe 84
article thumbnail

Report: Tesla Ditched Next-Generation Gigacasting Plans

The Truth About Cars

Tesla had pushed toward developing a new platform for smaller, more affordable vehicles and initially thought it would cast the body in one piece. This is yet another sign that Tesla is facing increasingly fierce competition from Chinese companies and other automakers.

Tesla 83
article thumbnail

Report: Stellantis May Cut Loose Suppliers to Cope With EV Costs

The Truth About Cars

At the same time, Chinese brands are expanding in the region with cheaper models. Lowering costs are great if that results in consumers getting more-affordable cars. plans to offer its Seagull hatchback next year at a price below €20,000 [or $21,730 USD].

Jeep 115
article thumbnail

Kia is Eying a Much Hotter EV9 GT

The Truth About Cars

Also expected is a performance EV5 GT, though that model is currently only seen in Chinese government documentation. The smaller, five-door hatchback EV3 will land soon but isn’t coming to the United States. While a hot EV9 would be interesting, it likely won’t be affordable.

Kia 82