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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

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. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America.

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1st Phase of Volkswagen North America Gigafactory Complete

CleanTechnica EVs

As shown in reports I published in recent days, Volkswagen is one of the auto industry leaders in US EV. continued] The post 1st Phase of Volkswagen North America Gigafactory Complete appeared first on CleanTechnica.

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

Baua Electric

Tesla CEO Elon Musk is causing chaos in the EV industry by firing Tesla’s entire charging team, which may lead some automakers to reconsider their plans to adopt the NACS plug. But NACS is just a better standard, and the industry should move forward on it, even if Tesla waffles with its commitment. Is NACS going to die?

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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain

Teslarati

Taveres said that the costs of transitioning to electric vehicle production are “beyond the limits” of what the current auto industry can sustain in an interview with Reuters Next. US President Biden pats GM CEO’s back: “You electrified the entire auto industry.

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New Tesla Supercharger stations announced in North America, Europe & Asia

Teslarati

Tesla announced new Supercharger stations in North America, Europe, and Asia. The following are the new Supercharger stations in North America. . The Supercharger network is a key pillar in Tesla’s ultimate goal for a sustainable future, especially in the auto industry.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” Stellantis is another automaker seeking to strengthen its ties with China’s auto industry. to boost investments in North America.

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