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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. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI. BYD last year sold 1.57

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

Ipsos’ new 2020 Global Mobility Navigator Study, focusing on Electrification, found global interest remained on par with the numbers from 2019. For example, over the last few years Ipsos has found the highest level of knowledge about BEVs in China. Source: Ipsos. —John Kiser.

Global 429
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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis and CATL sign LFP battery supply agreement Besides its relationship with Dongfeng, Stellantis has formed partnerships and invested in other Chinese companies. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales. Stellantis invested €1.5

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

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Meo stated that the center of the global automotive market has gravitated toward Asia. Tesla also has ties to China through Gigafactory Shanghai.

China 91
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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Based on company announcements through 2020, about 5% of this global total is actively being invested in local US assembly plants.

Global 397
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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52
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GM China begins prototype battery cell fabrication

Green Car Congress

GM China Advanced Technical Center’s Cell Fabrication Lab in Shanghai recently produced its first batch of battery cells. Researchers will be able to complete a series of processes, including battery material preparation, battery material coating, battery cell fabrication and battery cell performance testing.

GM 252