article thumbnail

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. auto sector,” the organization writes. auto sector,” the organization writes. auto industry appeared first on TESLARATI. BYD last year sold 1.57

article thumbnail

Turbocharge UK competitiveness to win Race to Zero prize, auto industry urges

Electric Cars Report

Britain’s ability to compete as an electric vehicle production leader is at risk unless government responds urgently to increasingly fierce international competition, the Society of Motor Manufacturers and Traders (SMMT) warns in a new blueprint published today.

article thumbnail

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. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei.

article thumbnail

AIDA servicing evolving needs of the auto industry | Autocar Professional

Baua Electric

The company offers presses for forming automotive body panels, precision presses for motor cores lamination in electric vehicles, and peripheral equipment for automation. Our clients include OEMs, Tier 1 to Tier 3, component production units in 2 wheelers and 4 wheelers Electric Vehicles (EVs).

article thumbnail

Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. On the other hand, electric cars are taxed at a five per cent rate under the GST regime.

Tax 95
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. Earlier post.) This shift has happened in two major waves of investment, over the last 20 years.

Croatia 207
article thumbnail

Factorial Energy testing results for 40Ah solid-state battery: 97.3% capacity retention after 675 cycles

Green Car Congress

In April, Factorial Energy, a start-up solid-state battery technology company, emerged from stealth mode with a 40Ah solid-state battery cell for electric vehicles (EVs) and other applications. Earlier post.). Now, Factorial Energy announced that the company’s initial round of testing of the 40 Ah cell cycle behavior at 25 ?C

Energy 459