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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

Former General Motors (GM) executive Terry Woychowski, who is now President of engineering consultancy Caresoft Global, called the arrival of the Seagull a “clarion call for the rest of the auto industry,” adding that it’s a “significant event” (via CNBC ). auto sector,” the organization writes.

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Tesla tops the list of most satisfied customers in the entire auto industry

Electrek

Tesla has topped the list of most satisfied customers in the entire auto industry, with Model 3 taking the top spot for for all cars globally. The post Tesla tops the list of most satisfied customers in the entire auto industry appeared first on Electrek.

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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. Issues range from safety critical vehicle systems, to data center hacks on back-end servers, to identity theft in car sharing, and even privacy issues.

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Stellantis strengthens ties with China’s auto industry

Teslarati

In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI. Stellantis invested €1.5 We are very pleased to elevate our cooperation with Stellantis to a new level.

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Global EV sales are ‘robust’ – more than 1 in 5 cars sold in 2024 will be electric

Baua Electric

More than 1 in 5 cars sold globally this year is expected to be electric, with surging demand projected over the next decade, says a new International Energy Agency (IEA) report. The latest IEA Outlook report asserts that global EV sales are set to remain “robust” in 2024, reaching around 17 million by the end of the year.

Global 52
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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Its ambition to surpass Tesla is no secret, says GlobalData, and the company wants four out of every 10 cars it sells to be a BEV by 2030. and is an innovation leader with the highest number of patents filed amongst other global automakers. Automakers need to be tech-efficient to combat technology rivals invading the auto industry.

Global 370
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BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

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. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 million units manufactured in 2022.