Baua Electric

JANUARY 23, 2024

Electrek’s Take The German stalwarts – BMW, Volkswagen, and Mercedes, and the European-based suppliers for their vehicles – are in a tight position, struggling to adapt to EVs and keep up with the pace of innovation as Tesla takes over , and China moves in. FTC: We use income earning auto affiliate links. Get started here.

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CleanTechnica EVs

MAY 13, 2023

Tesla’s price reductions in the first quarter of the year have sent waves through the auto industry. As legacy automakers and startups both try to catch up to Tesla’s electric vehicle dominance, some are wondering if the automaker’s price cuts could actually spur on a quicker transition to EVs.

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Teslarati

FEBRUARY 12, 2024

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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Teslarati

JANUARY 20, 2023

Tesla was battered and bruised last year by a series of headwinds, from Giga Shanghai’s shutdowns to CEO Elon Musk’s TSLA stock sales to fund his Twitter acquisition. Just a few days and weeks into the year, Tesla started a price war. It was then no surprise that the EV maker started 2023 on a much different stance.

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CleanTechnica EVs

MAY 26, 2022

While the auto industry simultaneously faces major disruptions with the onslaught of new electric vehicles, even EV giant Tesla has been susceptible to the bear market — though, low share prices usually present an opportunity for skilled […].

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CleanTechnica EVs

JUNE 11, 2023

That has been more evident in the auto industry more than most others, probably because cars are such expensive products and get so much attention. One thing we saw as inflation started increasing was record high car prices, and that included […]

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Price Electric Cars Cars Auto Industry 89

The Truth About Cars

APRIL 5, 2024

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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Teslarati

MAY 10, 2024

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD has no plans to enter the US Market amid “complications’ [Feature] BYD Europe’s goals come at a time when the EU is wary of cheap Chinese electric vehicles (EVs).

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Setec Powerr

NOVEMBER 22, 2022

As more consumers purchase electric vehicles in the coming decades, a huge question is plaguing governments and the auto industry: Can the grid keep up with the dramatic increase in demand for electricity? Millions of electric vehicles will need to be charged in the future, requiring enormous amounts of energy. .”

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CN EV Post

MARCH 9, 2023

A rare price stampede is taking place in the Chinese auto market. Image from BMW China Weibo) As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.

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Teslarati

MAY 25, 2023

Recent data from the UK that’s released by the Society of Motor Manufacturers and Traders (SMMT) indicates that electric vehicle maker Tesla saw a massive surge in new car registrations last month. Amidst this momentum, Tesla’s market shares in the UK has also grown.

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The Truth About Cars

APRIL 11, 2024

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. Pricing remains a challenge for electric vehicles in America for now, though, as no automaker has been able to crack the affordability nut.

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Baua Electric

JANUARY 9, 2024

Who says electric vehicles are too expensive? New data shows EV prices are nearly the same as gas-powered vehicles. EV prices are closing in on gas-powered vehicles According to Cox Automotive , the average transaction price for an EV was $50,798 at the end of 2023. million EVs last year.

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Teslarati

SEPTEMBER 15, 2023

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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Teslarati

MARCH 5, 2024

Tesla says an Australian automotive industry lobby group is attempting to delay climate action by making false claims about the government’s clean car policy. Tesla is a part of the FCAI, holding a board seat, and is an active lobby group member. ” The FCAI said that Tesla did not mention the review process.

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Teslarati

FEBRUARY 7, 2023

The Tesla Model Y was the best-selling electric vehicle in Germany in January. Tesla has found astounding success in the German market. Recently, the German KBA, the agency which monitors vehicle registrations, found that Tesla sales had grown by more than 900% compared to January 2021.

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Germany Tesla Sale Auto Industry 132

Teslarati

MARCH 26, 2024

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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Electric Auto Association

MAY 3, 2022

Submitted to the Ohio Senate Energy and Public Utilities Committee in support of Senate Bill 307: Accelerating Ohio's Auto Industry By Tim Benford, president of Drive Electric Dayton. Over seven days of driving 950 miles and charging only at Tesla Superchargers, we only spent $59 for electricity.

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Teslarati

AUGUST 9, 2021

Longtime Tesla bull ARK invest recently identified battery cost declines as a form of “good deflation” that could lead to a boost in EV sales. To support its observations, ARK Invest used the 2022 Nissan Leaf EV’s price as an example. An increase in electric vehicle sales could lead to growth in the EV market.

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Teslarati

JANUARY 15, 2024

With the change, Tesla effectively phased out the original Model 3. It was the end of an era, and numerous electric vehicle enthusiasts expressed their appreciation for the vehicle. But unlike Apple fans lining up for the newest iPhone, the Tesla fans lined up for a car whose design and specs are yet to be revealed.

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Green Car Congress

JULY 20, 2018

Plus, battery costs are rapidly decreasing and the public is warming up to the idea of electric cars. In fact, some experts predict electric vehicles (EVs) to account for 65 percent to 75 percent of sales in 2050—which is also good news for the environment. Another hot topic in the auto world is autonomous rides.

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Teslarati

JULY 29, 2022

Tesla may have already accomplished a lot of things over the years, but according to board member Kimbal Musk, the company is just getting started. Kimbal recently became the subject of news reports after he exercised a call option to purchase 25,000 TSLA shares at a discounted price of $74.17. Tesla is just getting started.

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Green Car Congress

APRIL 2, 2022

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Its ambition to surpass Tesla is no secret, says GlobalData, and the company wants four out of every 10 cars it sells to be a BEV by 2030.

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Teslarati

NOVEMBER 29, 2023

Automotive sales in European Union (EU) countries are expected to slow next year, though some are reporting that the slowdown will cause a sharp increase in electric vehicle (EV) market share. In January, the ACEA forecasted a 5-percent increase in 2023, showing the overall auto market slowing throughout this year.

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Teslarati

MARCH 28, 2022

Tesla ( NASDAQ:TSLA ) shareholders will be voting on a potential stock split during this year’s annual shareholder meeting. “Tesla will ask shareholders to vote at this year’s annual meeting to authorize additional shares in order to enable a stock split,” Tesla wrote. . On March 28, 2022, Tesla, Inc.

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CN EV Post

MARCH 21, 2023

If raw material prices fall in line with current trends, and without considering the investment in innovative businesses, NIO could still be profitable in the fourth quarter of this year, Li said earlier. Feng also mentioned the ongoing price war in the auto industry in the interview, saying it showed there were too many carmakers in China.

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Sale China Re-Charge Auto Industry 139

Teslarati

APRIL 26, 2021

Options pricing suggests that TSLA stock may fluctuate 7.2% in either direction, a significant movement considering Tesla shares have seen less drastic swings in recent months. Tesla (TSLA) Q1 2021 earnings: What to expect. Tesla (TSLA) Q1 2021 earnings: What to expect. Yet, some analysts remain cautious.

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Teslarati

MAY 3, 2023

Tesla CEO Elon Musk recently supported Ford, a supposed rival, by complimenting the all-electric F-150 Lightning and the legacy automaker’s electric vehicle (EV) strategy. Musk’s support highlights Tesla’s ultimate goal for the auto industry.

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F-150 Ford Tesla Auto Industry 106

CN EV Post

APRIL 21, 2023

The Shenlan brand, which was officially launched by Changan on April 13 last year, unveiled the Shenlan SL03 electric sedan on July 25, another strong competitor to the Tesla Model 3. I think the whole industry will be sustainable only if there is a value war," he said. For more articles, please visit CnEVPost.

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Sale Auto Industry Industrial Industry 79

Teslarati

AUGUST 3, 2023

While Tesla has seen notable challenges breaking into India in the past, the electric vehicle maker appears to be receiving a red carpet welcome of sorts this time around. This bodes well for Tesla, and it could result in the company not competing with some of its strongest rivals in the country, at least in the near future.

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Teslarati

MARCH 22, 2022

For years, Tesla has invested heavily in its supply chain and battery strategy. The next-generation cells are a crucial component of Tesla’s long-term plan to make electric vehicles more affordable. Elon Musk has been very open about Tesla’s need for nickel.

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Push EVs

JULY 15, 2023

Full electrics grew their share at a decent rate, up from 14.4% Overall auto volume was 280,047 units, up 24.7% The Tesla Model Y was the best selling BEV in June, and third best seller of any auto. share in June, full electrics (BEVs) contributed 18.9%, and plugin hybrids (PHEVs) contributed 5.7%.

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Get Electric Vehicle

MARCH 27, 2021

Amazon and Flipkart changed the way we shop, Tesla has done the same with electric cars they changed the way the world looked at electric cars. 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.

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Push EVs

APRIL 7, 2023

Sweden’s plugin electric vehicles took almost 60% of the auto market in March, up from 55.6% Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. The Tesla Model Y was the overall best selling vehicle of any kind, taking 10.6% of all passenger auto sales!

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Teslarati

MARCH 15, 2022

The electric vehicle community in the United States took a collective gasp earlier this month when a proposed House Bill in Oklahoma unanimously passed a committee vote. The bill in question, HB 3994, aims to update and change parts of existing Oklahoma statutes related to the state’s auto industry.

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CleanTechnica EVs

MAY 29, 2022

Of course, even then everyone knew this wasn’t true — Tesla had already […].

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Baua Electric

FEBRUARY 28, 2024

President of the ACEA and CEO of Renault, Luca de Meo told the press this week at the Geneva Motor Show that the auto industry wants no part in arguing “against the regulation,” reports Automotive New Europe. “We Photo: Courtesy of Renault If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

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