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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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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

companies, including Tesla, Buick, Lincoln, and Ford. Tesla says its standard tech can save police departments over $4,000 “The difference to maintain a car on average between some brands can be thousands over a 10-year time frame,” said Steven Elek, Program Leader for Auto Data Analytics at Consumer Reports.

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Panasonic seeks to expand business in the auto industry 

Teslarati

The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. Panasonic Automotive’s US technology chief, Andrew Poliak, shared with Automotive News that the department is looking into producing infotainment systems, cameras, head-up displays, and audio systems.

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Italy exploring partnership with Tesla, Chinese carmakers to bolster domestic auto industry: report

Teslarati

Representatives from these companies reportedly paid a visit to Italy in 2023 to evaluate potential opportunities for investment. He also acknowledged the crucial role a new partner would play in bolstering the Italian auto industry. Don’t hesitate to contact us with news tips.

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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. billion in Leapmotor , acquiring 20% of the Chinese company and becoming a significant shareholder.

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Despite Elon Musk’s foolishness, auto industry shouldn’t give up on NACS

Baua Electric

The firing was so ill-considered that the company has even had to send out an email blast to suppliers and contractors , seemingly confused about which companies it’s even working with on site development. Other companies can make NACS ports and NACS chargers and all the technical information needed is out there and open for use.

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Jaguar, Range Rover owner picks new EV battery site, could secure UK auto industry

Electrek

Tata Group, the parent company behind Jaguar and Range Rover , is set to announce a new EV battery plant in West England. more… The post Jaguar, Range Rover owner picks new EV battery site, could secure UK auto industry appeared first on Electrek.