Remove tag
article thumbnail

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. 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. auto market anytime soon , some U.S.

article thumbnail

Tesla Model Y strengthens its position in Sweden

Push EVs

Sweden’s plugin electric vehicles took almost 60% of the auto market in March, up from 55.6% Overall auto market volume was 30,261 units, up some 5% YoY, though still below historical seasonal norms. The Tesla Model Y was the overall best selling vehicle of any kind, taking 10.6% of all passenger auto sales! year on year.

Sweden 59
article thumbnail

BYD EV sales grew nearly 50% in January as exports reached a new high

Baua Electric

After topping Tesla in the final three months of 2023, BYD is starting the year off strong with EV sales rising another 50% in January. With 526,409 EVs sold in the final three months of 2023, BYD topped Tesla’s 484,507 deliveries for the EV sales crown. It’s about transitioning the auto industry for a sustainable future.

BYD 52
article thumbnail

Lucid introduces new $7,500 discount as EV price war heats up

Teslarati

The effects of the Tesla price cuts from earlier this year are still being felt today. The Air sport sedan, being a luxury vehicle and having the appropriately associated price tag, does not currently qualify for the Federal tax incentive of $7,500, but that isn’t stopping the EV startup from introducing a discount of its own.

Price 98
article thumbnail

ALTe Developing Series Plug-in Hybrid Powertrains for Conversion and OEM Applications

Green Car Congress

Thomas came to ALTe from Tesla Motors, where he was Senior Program Director and General Manager, and was working on “Whitestar”, later revealed as the Model S. Tags: Conversions Hybrids Plug-ins. A Gen 2 Series PHEV Powertrain under development is installed in a running rolling chassis.

article thumbnail

Is Tesla ready for the big time? The Green Piece

Green Cars News

With just hundreds of cars on the road and with the auto industry still struggling to recover from the global economic crisis, Tesla Motors took a bold move by filing for an initial public offering that could make or break the company’s future (see article). The decision is rumoured to mark the end of the Tesla [.].

article thumbnail

Tesla Motors reaches corporate profitability

Green Cars News

Big guns in the US auto industry like General Motors and Chrysler may still be reeling from the credit crunch, but upstart electric vehicle manufacturer Tesla Motors has achieved overall corporate profitability in July. Tags: Electric cars Green cars Tesla Motors Tesla Tesla Motors profitability.