Remove America Remove Auto Remove Auto Industry Remove Building
article thumbnail

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

Teslarati

BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. BYD last year sold 1.57

article thumbnail

Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. Panasonic seeks to build deeper relationships and make new ones with tech giants and automakers at CES 2024 to reach its goal. It plans to delve into products that could prove lucrative.

article thumbnail

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. These components account for more than 75% of auto parts imported into the country. To be sure, China dominates auto parts supplies to India.

article thumbnail

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.

America 145
article thumbnail

GlobalFoundries, Ford partner to address auto chip supply and meet growing demand

Green Car Congress

Automotive microcontroller units (MCUs) are at the heart of all key automotive subsystems, from high-reliability engine control and anti-lock brakes to body-electronics, sensors and telematics, with an industry TAM of 5.0 billion units expected by 2024. GF offers automotive MCUs using using 22FDX FD-SOI and 40 nm bulk CMOS solutions.

Supplies 186
article thumbnail

Next phase of THEA’s connected vehicle pilot brings together auto manufacturers and road operators

Green Car Congress

The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers. To that end, THEA is proud to announce that it is collaborating with Honda R&D Americas, LLC, Hyundai America Technical Center, Inc.

Connect 170
article thumbnail

DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers – Charged EVs

Baua Electric

Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Blue Bird bagged $80 million to convert a Georgia plant to build electric school buses. billion in funding. Stellantis will receive $334.8

Grant 52