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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. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. While BYD said just last month that it has no plans to enter the U.S. auto market anytime soon , some U.S.

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BYD Europe aims to beat Tesla & big EU automakers

Teslarati

BYD Europe aims to beat Tesla and other prominent EU automakers, like Volkswagen and Stellantis. BYD European boss Michael Shu made bold claims during the Financial Times’ Future of the Car Summit. BYD Europe wants to triple its market in the region by 2025. It also plans to partner with European dealerships.

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Biden administration considers penalties for Chinese EV companies in Mexico

Teslarati

We’re not going to let China flood our market making it impossible for American autoauto manufacturers to compete fairly. White House to hike tariffs on Chinese EVs to fend off cheap imports The White House is thinking of adding penalties to the tariff if Chinese EV makers move production to Mexico to circumvent new import taxes.

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BYD overtakes VW’s 15-year-run as top seller in China

Baua Electric

500,000th BYD Dolphin rolls off assembly line (Source: BYD) China’s behemoth BYD overtook Volkswagen as the best-selling car brand in China last year, the first time any carmaker outsold the German brand since at least 2008. BYD reported 2.4 BYD reported 2.4 Last year, BYD sold 1.6

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EV ride-hailer BluSmart seeks USD 300 mn to expand car fleet – ET Auto

Baua Electric

BluSmart will launch in Dubai next month with about 100 Audi EVs, and plans to run 300 Audi and Tesla Inc. Cheap rides, cheap quality, cheap service and cheap pricing are not our forte.” in the fast-growing market. The company will increase its Indian fleet of electric vehicles — supplied by Tata Motors Ltd. ,

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Slowing EV uptake may delay Panasonic’s EV battery expansion, says CEO – ET Auto

Baua Electric

may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in North America, the Japanese group’s chief executive said. A slowdown in the take-up of electric vehicles in the U.S.

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Beijing show: Breakthrough Chinese LFP battery can add 600km of range in just 10 minutes

EV Central

Has Stellantis cracked the code for super-cheap EVs that will undercut ICE? 2024 CATL Shengxing Plus battery launch Beijing auto show. 2024 CATL Shengxing Plus battery launch Beijing auto show.

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