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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. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI. BYD last year sold 1.57

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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

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). They are also priced lower than European EVs due to state subsidies, cheap labor in China, and robust Chinese battery supply chains.

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2020 Hyundai Sonata Hybrid $249 lease tops June plug-in, hybrid, electric car deals

Green Car Reports

Although the cheap low-interest or no-interest financing deals for new vehicles have mostly gone away, as the auto industry recalibrates supply to a new coronavirus-recovery norm for demand, many of them are still good through June in the green-car sector—leading to some standout deals for electric cars, plug-in hybrids, and hybrid vehicles. (..)

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year. Preventing that erosion will be key.

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Biden rumored to announce quadrupling of tariffs on Chinese EVs, up to 100%

Baua Electric

But with these increased tariffs, that makes it a little less likely that US consumers will gain access to these cheap, high-tech Chinese EVs. This isn’t the first move that Biden has made to limit the ability of the Chinese auto industry to operate in the US.

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Tesla is redefining the “Made in China” moniker with Giga Shanghai: report

Teslarati

” In a way, such labels were quite fair considering that China had focused its exports in the past on low-quality vehicles that were sold dirt-cheap in developing countries. It comments positively by saying Tesla accelerates transformation of entire auto industry & how it redefines MIC as high-quality prod in foreign markets.

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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

Only available in the US beginning in March of 2021, the hot-selling Jeep Wrangler 4xe plug-in hybrid electric vehicle (PHEV) was apparently the top-selling PHEV in the US last year. Auto Industry Analyst. credit off the the cap cost makes it a real cheap lease on 53k Jeep. Flip a coin. Leased mine.

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