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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. 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 sector,” the organization writes. auto industry appeared first on TESLARATI.

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Toyota to receive $853 million subsidy to expand local battery production

Teslarati

Toyota Motor Company is expected to receive an $853 million subsidy from Japan’s industry ministry to expand its electric vehicle (EV) battery production. Toyota has ambitious EV battery production plans for the future. Toyota plans to produce low-cost battery cells with 621 miles of cruising range before 2030.

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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. auto industry BYD’s full-year 2023 net profit increased by 80.7 million battery-electric vehicles (BEVs) last year. percent to 30.04

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Li-ion Manufacturer Boston-Power Names Former GM Senior Executive Bob Purcell to Board; Expansion Into Transportation With a Focus on PHEVs and BEVs

Green Car Congress

In the transportation sector, Boston-Power is targeting its high-energy, long-life cells at plug-in hybrid and full battery electric vehicles. In addition to his responsibilities at GM ATV, he also served as chairman of the GM-Ovonic Advanced Battery Joint Venture. Click to enlarge. Li-ion manufacturer Boston-Power, Inc., Purcell, Jr.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Finally, EV prices have been steadily decreasing over the past few years, but they may not be falling as quickly as once predicted, as the decline in EV battery costs is set to slow its pace. last month, but battery electric vehicle sales decreased by only 58.1%. As the automotive market takes a dive, EVs show strength.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Gasgoo.com | ?? | in late 2010.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The PHEV does not require the heavy, costly batteries required by other electric cars, nor does it suffer from a limited range or poor freeway performance. It is alarming to see comparisons of the Chevrolet Volt PHEV with battery electric cars when the comparison focuses only on the electric range and ignores the other important differences.

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