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US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29%

CleanTechnica EVs

The US auto industry continues to grow following its long recovery from the COVID-19 epidemic and economic shutdown of 2020–2021. continued] The post US Auto Industry Rose 8% in 4th Quarter, While EV Industry Grew 29% appeared first on CleanTechnica.

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US Auto Industry Down 8% Since 2019

CleanTechnica EVs

It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.

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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. 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

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

Teslarati

The negotiations were mentioned by Industry Minister Adolfo Urso on Wednesday. Minister Urso noted that Rome had been in touch with Tesla for months , though he also noted that the electric vehicle maker would have to review its plans for Europe. Urso was quite optimistic about Italy’s ongoing talks with the automakers. “We’re

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.

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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. In October, the legacy automaker invested in China-based Leapmotor to expand its global electric vehicle (EV) sales.