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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. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. While BYD said just last month that it has no plans to enter the U.S. auto market anytime soon , some U.S.

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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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Tesla Model Y wins UK bestseller spot in March

Push EVs

The UK saw plugin electric vehicles take 22.4% of the auto market in March, down from 22.7% Overall auto volume was 287,825 units, up some 18% YoY, though still some 19% down from March 2019 levels. Outside the top 20, BYD made its first measurable deliveries of the Atto 3 (approximately 34 units). year on year.

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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. Biggest EV surprise of 2022.

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French EV market record high in March

Push EVs

France saw record high plugin electric vehicle share in March, at 25.4%, up from 21.4% Overall auto volumes were 182,712 units, up some 24% year on year, though still well off the pre-2020 seasonal average (~230,000 units). The Tesla Model Y was the best selling BEV, and 4th highest selling auto overall. year on year.

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

Baua Electric

With no other changes, its price would rise to ~$54k – unless or until Volvo moves production out of China , something BYD has also considered in order to enter the US market. But with these increased tariffs, that makes it less likely that US consumers will gain access to these cheap, high-tech Chinese EVs.

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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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