Remove Auto Industry Remove Cheap Remove Chinese Remove Electric Vehicles
article thumbnail

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 sector,” the organization writes. auto industry appeared first on TESLARATI.

article thumbnail

BYD Europe aims to beat Tesla & big EU automakers

Teslarati

The Chinese automaker plans to use an aggressive marketing strategy to accomplish its goal. BYD has no plans to enter the US Market amid “complications’ [Feature] BYD Europe’s goals come at a time when the EU is wary of cheap Chinese electric vehicles (EVs).

BYD 97
article thumbnail

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. You know, source cost-effective Chinese vehicles, then on-sell them at a mega-premium to a handful of comparatively cashed-up Aussies.

article thumbnail

Convincing Consumers To Buy EVs

Cars That Think

With the combination of requiring all new light-duty vehicles sold in New York State be zero-emission by 2035, investments in electric vehicles charging stations , and state and federal EV rebates, “ you’re going to see that you have no more excuses ” for not buying an EV, according to New York Governor Kathy Hochul.

Buy 88
article thumbnail

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

The Shenzhen manufacturing region, where the company is headquartered, is known for cheap unskilled labor, but BYD’s competitive advantage derives from its cheap skilled labor. car companies and battery makers as much as the Chinese government is going to help BYD. government is going to help U.S.

Chinese 28
article thumbnail

Will Biden’s new 100% tariffs on Chinese electric vehicles affect e-bikes?

Baua Electric

The Biden Administration announced sweeping new tariffs on imported goods from China, including increasing tariffs on electric vehicles from China. But will electric bicycles be impacted? It’s no secret that almost all electric bicycles in the US start their journey in China. appeared first on Bauaelectric Auto News.

Chinese 52
article thumbnail

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. The US is also set to announce a 4x increase in existing tariffs against Chinese EVs.

China 52