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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.

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Joe Biden gives GM CEO Mary Barra credit for ‘electrifying the entire auto industry,’ but he’s wrong

Electrek

US President Joe Biden was at the inauguration of GM’s Factory Zero yesterday, the company’s first electric vehicle factory, and he gave a speech in which he gave credit to GM CEO Mary Barra for “electrifying the entire auto industry.” ” Fact check: Biden is dead wrong about that.

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Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

It’s easy to fall into the Tesla vs. legacy auto narrative. Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. However, I also think that Tesla has the potential to be the most valuable company ever.

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UAW reaches deal with GM, ending auto strike with big win for workers

Electrek

The last domino has fallen, with UAW and GM reaching a deal to end the auto industry strike. Now, tentative deals have been met with all three auto companies, which means the strike is over. more… The post UAW reaches deal with GM, ending auto strike with big win for workers appeared first on Electrek.

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Tesla stock (TSLA) rises following GM NACS deal

Teslarati

GM and Ford’s NACS adoption also puts pressure on other automakers to adopt Tesla’s charging system as well, which is considered to be among the best in the industry. This marks the longest winning streak of the company in about 2.5 years, at least if the stock’s gains hold. per share on Friday.

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

CleanTechnica EVs

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. China-based Ningbo Tuopu Group Co.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. headlines over the past year have touted tech companies innovating in the automotive space.