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

Teslarati

Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. Even despite ongoing political concerns, its entry into North America is considered an eventuality, and other Chinese automakers likely won’t be far behind. auto sector,” the organization writes.

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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. Stellantis invested €1.5

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China Needs More Ships to Handle Its Rapidly Growing EV Exports

The Truth About Cars

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. China had long been a sort of a sleeping giant in the world economy, though it hasn’t been so sleepy over the last few decades.

China 88
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Chinese language EV makers pin hopes on Europe’s auto sellers

Baua Electric

MG, the legacy British emblem owned through China’s SAIC Motor Corp. Tesla’s good fortune has proven that buyers are clear to outsiders, although it’s vague whether or not Chinese language manufacturers will be capable of fit the promoting draw of Elon Musk. “But it’s not impossible.”

Chinese 52
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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

Green Car Congress

China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. of the total.

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

Teslarati

The Texas-based automaker updated its Model 3 order page and decreased the prices of the Rear Wheel Drive (RWD) and Dual-Motor All Wheel Drive (AWD) variants by 3.87% and 5.93%, respectively. As of this writing, the Tesla Model 3 Highland RWD starts at RMB 245,900, while the Dual-Motor AWD costs RMB 285,900 before options.

Price 117
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Hyundai seeks to restore market share in China with new EV brand

Teslarati

—a 50-50 joint venture between Hyundai Motor and BAIC—announced a new project to develop an electric vehicle brand exclusive to the Chinese market. of company’s overall revenue in 2023 The Chinese auto industry will closely watch Hyundai’s project with BAIC. Tesla China accounted for 22.5%

Hyundai 113