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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. 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.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

companies, including Tesla, Buick, Lincoln, and Ford. Tesla says its standard tech can save police departments over $4,000 “The difference to maintain a car on average between some brands can be thousands over a 10-year time frame,” said Steven Elek, Program Leader for Auto Data Analytics at Consumer Reports.

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Polestar 2 is the most popular electric company car in Germany, cracking top ten overall

Electrek

The Polestar 2 is taking the auto industry by storm, placing among the top ten-selling electric vehicle in some of the most popular vehicle markets. In 2022, the Polestar 2 became a top-selling electric company car and made the top ten overall company cars in Germany, home of luxury vehicles and auto innovation.

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

Teslarati

The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Minister Urso noted that Rome had been in touch with Tesla for months , though he also noted that the electric vehicle maker would have to review its plans for Europe. Urso was quite optimistic about Italy’s ongoing talks with the automakers. “We’re

Italy 104
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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. kW or DC fast charging at 50 kW.

Volvo 230
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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.

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

The Truth About Cars

Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of. 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. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9