Remove Auto Industry Remove Battery Remove BYD Remove Chinese
article thumbnail

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

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. 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. While BYD said just last month that it has no plans to enter the U.S. BYD last year sold 1.57

article thumbnail

BYD had its slowest profit growth in two years in Q4

Teslarati

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. In its full-year 2023 earnings report shared on Tuesday, BYD posted an 18.6 The $10,000 BYD Seagull EV is scaring the U.S.

BYD 102
article thumbnail

Daimler and BYD restructure DENZA joint venture to 10:90

Green Car Congress

and its long-term Chinese partner BYD Auto Industry Co., BYD) signed an equity transfer agreement to realign the structural setup of their originally 50:50 joint venture Shenzhen DENZA New Energy Automotive Co., Both Daimler and BYD remain dedicated to their successful long-term partnership. Earlier post.)

BYD 186
article thumbnail

Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event. “The

BYD 97
article thumbnail

BYD launches lower-priced version of its Tesla Model 3 rival electric sedan, starting at $25K

Baua Electric

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. kWh battery for up to 650 km (404 mi) CLTC range.

BYD 52
article thumbnail

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

Teslarati

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. In 2023, around 35% of electric vehicles exported worldwide were Chinese. “As Buoyed by its huge domestic market (8.5

China 98
article thumbnail

Remembering Lithium-Ion Battery Pioneer John Goodenough

Cars That Think

Goodenough , one of the inventors of the lithium-ion battery, died on 25 June at age 100. He probably is best known for developing the lithium cobalt oxide cathode in 1980—which became the foundation for Sony’s first commercial lithium-ion battery in 1991. It gave the battery a significant voltage boost: from 2.4 to 4 volts.