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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 market anytime soon , some U.S. auto sector,” the organization writes. ” BYD executive says Tesla is a ‘partner’ in electrification What are your thoughts? .

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Tuopu: Tesla Leads The Auto Industry By At Least 5 Years

CleanTechnica EVs

China-based Ningbo Tuopu Group Co. Ltd (Tuopu) recently stated in its most recent earnings call that Tesla has a five year gap on other car companies, Teslarati reported. Tuopu is an auto parts supplier that services a wide variety of brands, from Geely and SAIC to Ford, GM, Volkswagen, and other major automakers.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” China is making rapid inroads into the all-electric vehicle segment. Stellantis also invested in China-based Leapmotor to expand global EV sales.

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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.

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Staff numbers slashed, big heads roll as Tesla rethinks future as car maker

The Driven EV News

Could the abrupt deceleration in EV demand and rise of China competition change Tesla's auto industry plans? The post Staff numbers slashed, big heads roll as Tesla rethinks future as car maker appeared first on The Driven. Analysts ponder future as Musk flags big staff cuts and key people leave.

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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Electrek’s Take The German stalwarts – BMW, Volkswagen, and Mercedes, and the European-based suppliers for their vehicles – are in a tight position, struggling to adapt to EVs and keep up with the pace of innovation as Tesla takes over , and China moves in. FTC: We use income earning auto affiliate links. Get started here.

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Tesla Model Y 7-seater option gets $500 price increase

Teslarati

Tesla increased the price of the Model Y’s 7-seater option by $500. Before Tesla raised the price, the Model Y’s 7-seat option was $2,500. As everyone settles into 2024, Tesla has started rolling out price changes in the United States and China. In the US, Tesla hasn’t changed the prices of the actual cars so far.

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