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 sector,” the organization writes.

article thumbnail

BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

Build Your Dreams, or BYD, is likely one of the largest companies you’ve never heard of. 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. The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9

article thumbnail

Tesla’s absence from White House EV event sidestepped in Pete Buttigieg interview

Teslarati

US Transportation Secretary Pete Buttigieg was recently questioned about Tesla’s rather evident absence at the White House’s upcoming electric vehicle event later today. Yesterday, US President Joe Biden announced that the White House would be holding a special event for electric vehicles. "I'm not sure.

Tesla 145
article thumbnail

Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

Green Car Congress

Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. Today, countries are competing in the open market, just as companies are.

Croatia 207
article thumbnail

Tesla Giga Berlin targets 5k cars per week by Q1 2023

Teslarati

Tesla held an open-door event in Grünheide on Sunday, September 11. At Sunday’s event , the company talked to local employees about Giga Berlin’s water usage and the factory’s environmental and water protection protocols. Tesla Giga Berlin aims to produce 5,000 cars per week by Q1 2023. since 2006.

Tesla 144
article thumbnail

Tesla’s 2023 in review: NACS adoption, Cybertruck launch and more

Teslarati

As we prepare for what’s expected to be an eventful 2024, it’s also worth looking back on Tesla’s year in 2023 to highlight some of the company’s many major developments. The plan followed the Tesla Master Plan parts one and two , which were shared by the company in 2006 and 2016, respectively.

article thumbnail

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

Teslarati

On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. ” Musk also said the production system was the most interesting thing about the company’s plans for the EV, noting that it will be a huge step forward in available technology.

Mexico 144