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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. While BYD said just last month that it has no plans to enter the U.S. BYD last year sold 1.57

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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD European boss Michael Shu made bold claims during the Financial Times’ Future of the Car Summit. BYD Europe wants to triple its market in the region by 2025. “We are confident that we could be in a leading position.

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Best EVs of 2022: Our verdict on the new electric cars of the year

EV Central

Polestar and BYD were two of the new EV brands that arrived during the year and brands as diverse as Volkswagen and GWM confirmed their intention to start selling electric vehicles here in 2023. The BYD Atto 3 was my biggest surprise of 2022. Bruce Newton: BYD Atto 3. BYD Atto 3. It was also a year of EV milestones.

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French EV market record high in March

Push EVs

Outside the top 20, newer faces that we can detect for the first time in the March data include the Opel Astra, the BYD Atto 3, and Genesis G80. Ongoing large popular protests across the country , however, may yet throw a spanner in the works of the economy in 2023, including perhaps the auto industry.

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Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices.

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Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

And if you doubt that they will learn, check out my cover story about BYD in the new issue of FORTUNE, headed to subscribers and newsstands this week. BYD is an amazing company. Today, BYD employes 130,000 people in 11 factories, either in China and one each in India, Hungary and Rumania. BYD’s engineering prowess.

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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. The global auto industry is in a time of flux. Cars are changing quickly, as is car manufacturing.

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