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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. 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.

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BYD, Chinese EV makers account for +40% of German EV imports ahead of new tariffs

Baua Electric

Chinese EV makers, including BYD , accounted for over 40% of German EV imports through April 2024. Despite Chinese electric vehicle imports slipping 15.7% According to data released by the German statistics office Tuesday (via Reuters ), German EV imports from Chinese automakers like BYD reached 31,500 through April 2024.

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BYD had its slowest profit growth in two years in Q4

Teslarati

Chinese automotive giant and electric vehicle (EV) maker BYD posted its 2023 earnings results this week, with the company reporting its slowest quarterly growth rate in almost two years. auto industry BYD’s full-year 2023 net profit increased by 80.7 million battery-electric vehicles (BEVs) last year.

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Tesla’s apparent red carpet treatment in India an effective tool against rivals

Teslarati

While Tesla has seen notable challenges breaking into India in the past, the electric vehicle maker appears to be receiving a red carpet welcome of sorts this time around. Tesla is the world leader in pure electric vehicles, but in China, the company has a number of strong competitors.

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Toyota to receive $853 million subsidy to expand local battery production

Teslarati

Toyota Motor Company is expected to receive an $853 million subsidy from Japan’s industry ministry to expand its electric vehicle (EV) battery production. Toyota plans to produce low-cost battery cells with 621 miles of cruising range before 2030. Toyota has ambitious EV battery production plans for the future.

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Li-ion Manufacturer Boston-Power Names Former GM Senior Executive Bob Purcell to Board; Expansion Into Transportation With a Focus on PHEVs and BEVs

Green Car Congress

In the transportation sector, Boston-Power is targeting its high-energy, long-life cells at plug-in hybrid and full battery electric vehicles. From 1994 to 2002, Purcell led the GM Advanced Technology Vehicles Group (GM ATV). Swing cells for electric vehicle, industrial and electronic applications.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., The government sees environmental upsides and a chance for its car makers to gain ground on foreign rivals, since electric vehicles are simpler to engineer than gasoline-engine ones.

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