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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. market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. auto market anytime soon , some U.S.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

General Motors’ (GM) support for Tesla’s North American Charging Standard (NACS) might be trouble for Electrify America. With two out of three of the United States’ top legacy automakers supporting Tesla’s NACS, Electrify America’s position in the EV charging space is precarious at best.

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Suri said the pace of reduction of imports in the last two years has been nearly double of that targeted by the industry at about 6%. lakh crore in FY22.

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Factorial Energy testing results for 40Ah solid-state battery: 97.3% capacity retention after 675 cycles

Green Car Congress

The testing marks a major performance milestone for Factorial’s technology as the company heads to market and continues discussions with several automakers on supporting the research and manufacturing of EV battery cells. Former Chairman and CEO of Panasonic Corporation of North America Joe Taylor serves as Factorial’s executive chairman.

Energy 459
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Hyundai Mobis to invest $926M in EV systems plant in Georgia

Green Car Congress

Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s auto industry. We’re going to be a major production player in the EV market, and that’s going to trigger more growth within the sector.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Meo stated that the center of the global automotive market has gravitated toward Asia. Buoyed by its huge domestic market (8.5 million electric vehicles sold in 2023, according to the Chinese Passenger Car Association, or 60% of the global total), it already had [a] market share of close to 4% in Europe in 2022.

China 109
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Pininfarina grows its U.S. footprint in early bid for EV hypercar market control

Teslarati

Automobili Pininfarina has announced today that it is again expanding its dealership network in the United States as it looks to take advantage of the small number of electric hypercars currently on the market. footprint in early bid for EV hypercar market control appeared first on TESLARATI. Lamborghini outlines massive $1.8