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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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USABC awards $3M low-cost/fast-charge EV battery technology development contract to Amprius Technologies

Green Car Congress

The United States Advanced Battery Consortium LLC (USABC) awarded a $3-million technology development contract to Amprius Technologies for a low-cost, fast-charge silicon nanowire cell technology for electric vehicles. Amprius’ silicon technology is designed to provide significant performance advancement.

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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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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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American Battery Technology Company receives $2M USABC award to demo integrated Li-ion battery recycling technologies

Green Car Congress

While the domestic manufacturing capacities of electric vehicles and of lithium-ion battery cells have grown rapidly in the US in recent years, unfortunately the domestic production capacities of the battery metals that supply these operations have not kept pace. This is American Battery Technology Company’s first contract with USABC.

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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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Top 5 Electric Vehicle Start-Ups in India

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Nitin Gadkari, India’s transport minister, who has stated that he drives an electric vehicle , has urged people to support the transition to electric vehicles. Finance Minister Nirmala Sitharaman pushed for the Indian Electric Vehicles Mission in the country’s Union Budget 2019-20. Conclusion.

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