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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

million vehicles, Italy has reportedly initiated discussions with a number of potential partners, such as Tesla and Chinese carmakers. The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Apart from Tesla, the minister stated that the government is also in talks with three Chinese automakers.

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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. auto market anytime soon , some U.S. auto sector,” the organization writes.

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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China.

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Tesla Model Y 7-seater option gets $500 price increase

Teslarati

Tesla increased the price of the Model Y’s 7-seater option by $500. Before Tesla raised the price, the Model Y’s 7-seat option was $2,500. As everyone settles into 2024, Tesla has started rolling out price changes in the United States and China. In the US, Tesla hasn’t changed the prices of the actual cars so far.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. Earlier today, Reuters reported that the automaker had ditched its efforts to develop the car and would look instead at developing autonomous taxis on the platform that would have underpinned it.

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Big Auto is begging governments to let them go bankrupt as Chinese EVs loom

Baua Electric

The auto industry is electrifying, and all new cars will be electric in the relatively near future. BMW, VW and Renault asked European regulators to push back the 2035 gas car phase-out , despite that this timeline has already been loosened. Chinese EV sales have started taking off overseas , particularly in Europe.

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China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.

China 105