Remove Auto Industry Remove Cheap Remove Europe Remove Price
article thumbnail

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

Teslarati

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. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

article thumbnail

BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD Europe wants to triple its market in the region by 2025. Fortune mentions that BYD cars for Europe might eventually be mostly assembled in the region. “We are confident that we could be in a leading position.

BYD 82
article thumbnail

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

Baua Electric

This large tariff has had the effect of excluding Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might still result in competitive prices.

Chinese 52
article thumbnail

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

Teslarati

China-made vehicles have long suffered from the reputation of being “low price, low quality, and low value.” ” 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.

China 143
article thumbnail

French EV market record high in March

Push EVs

3 down from #7 to #13 Mini Cooper down from #8 to #14 The Tesla Model Y is now looking unassailable (and not just in France, but across Europe, and the wider world). Ongoing large popular protests across the country , however, may yet throw a spanner in the works of the economy in 2023, including perhaps the auto industry.

Market 59
article thumbnail

Best EVs of 2022: Our verdict on the new electric cars of the year

EV Central

It cleverly unleashes more space than the Model 3 is shares so much with, has loads of equipment and represents decent value, even if Tesla did remove some features (including the charging cable) and up the price soon after it went on sale. It’s remarkably quiet, even compared to other EVs around the same size and price.

article thumbnail

Biden quadruples tariffs on Chinese EVs, up from 25% to 100%

Baua Electric

This large tariff has had the effect of excluding most Chinese autos from the US market, as it’s easier to export to countries with lower tariffs first. However, given Chinese EVs are incredibly affordable , even a 25% tariff might have resulted in competitive prices. 84%, similar to the US market share of.66% at the time.

Chinese 52