article thumbnail

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.

article thumbnail

CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

Reducing prices to deal with inventory and properly recover costs are normal business practices, but these tactics should not turn into price wars, the CAAM said. Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies.

article thumbnail

Tesla's Massive Price Cuts Send Shockwaves Across Auto Industry

InsideEVs

While the shock comes as no surprise, the more interesting part will be how it impacts rival brands' future pricing and offerings.

article thumbnail

Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices!

CleanTechnica EVs

Our dealer-connected auto industry veteran of many years, Jo Borras, came across a big find this week. continued] The post Electric Vehicle Prices Get MUCH Closer To Conventional Vehicle Prices! It’s a Cox. appeared first on CleanTechnica.

Price 120
article thumbnail

India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal | Autocar Professional

Baua Electric

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Similarly, in the heavy-duty trucks category, VECV secured a 9.1

article thumbnail

Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

To make sure you find a trusted, reliable solar installer near you that offers competitive pricing on solar, check out EnergySage , a free service that makes it easy for you to go solar. FTC: We use income earning auto affiliate links. If you’re an electric vehicle owner, charge up your car at home with rooftop solar panels.

article thumbnail

Auto Industry Strike: UAW and Big Three Fail to Agree on Terms

The Truth About Cars

UAW President Shawn Fain said the Union would expand the strike in intervals to put more pressure on the auto giants, with plants in Michigan, Ohio, and Missouri being the first to stop work. However, it also puts pressure on the workers, who will only receive a $500 payment from the Union if the strike extends past eight days.&