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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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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.

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Li Auto rolls out price protection policy amid China auto price war

CN EV Post

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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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.

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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.

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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.

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SAIC-Volkswagen offers up to $7,250 discount as China auto price war continues

CN EV Post

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The Volkswagen Phideon, with an official guide price of RMB 343,000 to RMB 449,000, received an RMB 50,000 discount, while most other models received discounts of RMB 25,000 to RMB 30,000.

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