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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 market anytime soon , some U.S.

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Tags: Brief. Terms of the sale were not disclosed.

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EcoMotors Names Donald Runkle CEO; Power Density as the Holy Grail

Green Car Congress

EcoMotors International, a Khosla-funded startup working to commercialize a diesel opoc (opposed-piston, opposed-cylinder) engine ( earlier post ), has named auto industry veteran Donald Runkle as its new CEO. Tags: Brief. EcoMotors was founded in 2008 by Prof. Don Runkle.

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GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

We noted in December that the Society of Automotive Engineers, or SAE, was working to update standards for the interface between plug-in electric cars and the grid, and planned to agree on a set within months. Tags: evdriven. Marketing consulting by ACS. Design by RareEdge Design Group.

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Bright’s Plug-In Car: Aerodynamics Are Key

Revenge of the Electric Car

This new company, Bright Automotive , is founded by ex-GM EV1 people, and the super efficient Rocky Mountain Institute to make plug-in hybrids in Indiana. To date, the relatively high cost of batteries has kept electric and plug-in vehicles at the fringes of the auto industry. But it does have experience on its side.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. Great Wall Motor Co., GM plans to launch the Volt in China in 2011.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. General Motors Corporation. Production of high-volume battery packs for the GM Volt. Compact Power, Inc.

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