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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. 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 last year sold 1.57

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Tesla’s $25,000 car to be built at Giga Texas, then Giga Mexico: Elon Musk

Teslarati

Tesla CEO Elon Musk has shared some new details about the automaker’s plans for its next-generation, $25,000 electric vehicle (EV), including that it will be built first in Austin, Texas. On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

CEO Elon Musk has been beating the affordable EV drum for a while, telling investors in January that the car would enter production in Texas as soon as late 2025. The car, which was projected to start in the mid-$20,000 range, would have helped Tesla compete against the increasingly fierce Chinese auto industry.

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Tesla stock (TSLA) rises following GM NACS deal

Teslarati

Tesla shares ( NASDAQ:TSLA ) surged over 5% on Friday amidst investors’ positive sentiments following the announcement that General Motors would be joining Ford in adopting the Texas-based EV maker’s North American Charging Standard (NACS) for its electric cars. years, at least if the stock’s gains hold.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. The auto industry is faced with the question of whether and how we will be a global leader in the future,” Baerbock said at the event.

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EV chargers increasingly a ‘necessity’ at LA apartments and stores

Teslarati

As the auto industry transitions to electric vehicles (EVs), many have aired concerns that there will not be enough charging stations. Tesla and other companies are rapidly deploying new charging stations across the country, and the company recently built its 50,000th Supercharger stall.

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Nissan Leaf’s phaseout might be good for the Japanese automaker: Opinion

Teslarati

Production of the Nissan Leaf will end by the mid-decade as the company plans to phase out the once revolutionary vehicle. . According to Automotive News’ sources, Nissan plans to retire its all-electric Leaf model and replace it with a different battery electric vehicle to compete with the more tech-savvy EVs in the market.

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